Riyadh, Saudi Arabia,, August 27, 2025 / Prnewswire / – The Saudi Real Estate Reffinance Company (SRC), a PIF company, announced the launch of the first residential titles in the Kingdom (RMBS). This historic transaction is part of SRC’s efforts to develop capital markets and improve the liquidity of the real estate finance sector by introducing, for the first time on the Saudi market, an innovative asset class which contributes to deepening the capital markets and diversifying investment instruments through the security of residential real estate financing.
Titritis, which gives rise to titles respectful of residential mortgages (RMBS), opens up attractive investment opportunities in high quality assets in the medium term. The transaction was carried out under rigorous regulatory frameworks and transparent controls, highlighting the maturity of the kingdom’s investment environment, strengthening the confidence of investors in the local capital markets and supporting the long -term stability of the financial sector.
His Excellency Majid Bin Abdullah al-Hogail, Minister of Municipalities and Housing and Chairman of the Board of Directors of SRCsaid: “The launch of the first RMBS transaction in the kingdom marks a strategic step towards development Saudi Arabia Real estate financing market and improving its appeal to national and foreign investors. This initiative provides innovative financing instruments that align with the objectives of Saudi Vision 2030 to increase home ownership rates and allow more Saudi families to have appropriate houses, advancing economic growth and sustainable quality of life. “”
CEO of SRC Majeed bin fahd al-abduljabbar Commented: “The launch of the first RMBS transaction represents a qualitative jump in the development of the secondary mortgage market in the kingdom. This achievement was made possible thanks to close collaboration with our strategic partners: the Saudi central bank, the capital Market Authority, the financial sector development program, the housing program and the public investment fund program.”
He added: “This transaction will improve liquidity on the real estate financing market, will expand the investor base and allow financing institutions to manage capital and risk more effectively. It also supports the deepening of the capital markets and the diversification of the national economy, marking an important first step to attract both national and international investors.”
The launch underlines the leading role of SRC in the development of the secondary mortgage market. He reaffirms the confidence of investors in Saudi Arabia The regulatory environment and its desire to adopt advanced financial instruments which follow the pace of developments in the world capital markets.
Created in 2017, SRC operates under a license from the Saudi central bank (SAMA) with the mandate to develop the real estate financing market of the kingdom. The company plays a central role in carrying out the objectives of the housing program, one of the main initiatives of Saudi 2030, by increasing ownership rates among Saudi citizens by providing liquidity to the financier and thus working to allow affordable financing options to Saudi families.
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SOURD SOURD REAL ESTATE REFINANCE COMPANY (SRC)
