Jenan was established to fulfil the need for high quality, modern residential and commercial real estate in the Kingdom of Saudi Arabia with a focus on Eastern Province. Jenan backed with a group of prominently successful business houses from Saudi Arabia, Kuwait and Bahrain resulted in forming a closed joint stock company to support the substantial government efforts in delivering housing needs in the Kingdom of Saudi Arabia.
Investment Size: USD 192.8 million.
Investment Type: Direct equity ownership.
Sector: Real Estate Development.
Shareholders: Inovest & GCC based investors.
Business Lines: Acquire, built, develop, resell and manage REITs.
Location: Kingdom of Saudi Arabia.
Exit: Expected Q4 2019.
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