MANAMA: The investment banking subsidiary of Saudi Arabia's Al-Rajhi Bank, Al-Rajhi Capital, and Bahrain-based global investment bank, Arcapita BankArcapita Bank, have announced the launch of a $500 million fund aimed at 
the regional real estate sector, the ARC Real Estate Income Fund.
The entities will seed the fund with a joint investment of $50 million and acquire investments for the fund in high-quality, income-generating real estate assets in Saudi Arabia and other GCC (Gulf Cooperation Council) nations. The focus will be on logistics warehouses, as well as healthcare and education-related assets.
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Al-Rajhi, Arcapita launch $500m fund
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