Business & Money | Tuesday 31 March, 2015 6:39 am |

SEDCO Capital, a leading Saudi asset manager, has once again received industry recognition for its stellar performance and has taken home “Best Shariah Compliant Real Estate Fund Management Team” award at the CFI awards held in London.

Commenting on the win, Hasan Al-Jabri, Chief Executive Officer of SEDCO Capital said: “This prestigious award stands as a testament to SEDCO Capital’s unique proposition which is driven by the team’s dedication, the group’s successful strong heritage and solid track record in Real Estate investments both locally and internationally.”

“We are delighted to be awarded the Best Shariah Compliant Real Estate Fund Management Team, this recognition validates our commitment to delivering value consistently to our investors whilst giving us even more motivation to continue to perform at the highest level as we continuously challenge ourselves to be more innovative in offering unique, well managed and superior products and services that enhance our clients' portfolio diversification strategies.” He added. SEDCO Capital aligns its clients’ interest through the ‘partnership’ concept by investing at least 20% stake in any real estate or other investment opportunity in their group’s name.

The award is in recognition of the company’s proven track record in real estate investments globally. Having launched SEDCO Capital Real Estate Income Fund I (SCREIF I), SEDCO Capital’s first core Saudi focused real estate fund in 2011, the fund has grown to include eight assets - with a portfolio value of approximately SAR 596 million (last valued in December 2014).


SEDCO Capital has been investing in Saudi and global real estate for around 40 years, in the past 3 years it executed real estate transactions internally in excess of US$ 1 billion which included 19 assets in the US and the UK. In addition, SEDCO Capital has successfully completed the divestment of 21 assets in France, Malaysia, Singapore and Mexico which cements its place as a leading real estate investment manager. The company focuses on non-cyclical and need-based sectors including retail, residential, industrial and healthcare


The CFI judging panel commented: “Due to the company’s firm commitment to innovation grounded in history and custom, the CFI.co judging panel considers SEDCO Capital an exemplary real estate fund manager: fads and fashions are shunned, while true innovation – the one that adds value to all stakeholders and respects their preferences – is given ample room to mature. Beyond any shadow of doubt, SEDCO Capital fully merits the CFI.co 2014 Best Sharia-Compliant Real Estate Fund Management Team Saudi Arabia Award.”

Each year, CFI.co seeks out individuals and organizations that contribute significantly to the convergence of economies and truly add value for all stakeholders. Reporting from frontlines of economies on the move, CFI.co realizes that best practice is to be found throughout the world and the Awards Programme aims to identify and reward excellence wherever it is found in the hope to inspire others to further improve their own performance.

About SEDCO Capital
SEDCO Capital is a leading asset manager offering investment solutions in a wide scope of geographies and diverse range of asset classes. Having established a strong track record of advisory services and investment management, SEDCO Capital currently manages assets in a diversified spectrum of investments in real estate, equities and other businesses with a total AUM of about 4 Billion Dollar. SEDCO Capital employs highly-efficient investment professionals throughout the world. The company follows the highest standards of corporate governance rules and practices including the use of advanced information technology systems. SEDCO Capital is also the first Saudi asset manager and the first fully sharia compliant asset manager to be a signatory of the United Nations Principles of Responsible Investing (UNPRI). Through its successful track record, SEDCO is committed to offering innovative Islamic-compliant investment products and today has the largest sharia compliant investment fund platform in Luxembourg through its SEDCO Capital Global Funds platform.
Find out more at www.sedcocapital.com