Mnzil, TDG and Capital Partners launch a real estate fund to invest SAR 1 billion in elevating workforce housing in Saudi Arabia
Published on: Sunday 04 October 2026
Mnzil, Saudi Arabia's first and leading tech-enabled workforce housing platform, The Development Group (TDG) and Capital Partners have launched a real estate fund to invest SAR 1 billion in developing purpose-built compounds housing up to 50,000 workers across the Kingdom. Through the fund, Mnzil will serve as strategic partner and exclusive operator of the portfolio. TDG will lead site selection, design and property development, while Capital Partners will serve as fund manager.
News source: https://finance.yahoo.com/real-estate/articles/mnzil-tdg-capital-partners-launch-115400301.html
