How We're Structured
Where the capital flows,
and where we stand in it
Landmark projects are financed, owned and managed through a disciplined structure. This is how investors' capital becomes a delivered asset — and where SARH is anchored at every step.
The Capital Flow
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Landowner or Project Sponsor
In-kind land contribution or other credit enhancements
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SARH (Shareholder)
SARH structures & delivers up to 20% of project equity
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Credit Provider
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Project Development Fund or SPV
CMA regulated if a fund
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Service Providers
Sharia Advisor · Administrator & Registrar · Custodian · Legal Advisor · Auditor · Two Independent Valuators
Servicing
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Developer Management
SARH
Management
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Fund Manager
CMA-licensed Saudi investment bank
Management
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Custodian
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Public infrastructure or mixed-use development
Project
The consortium is organized and managed by SARH; the asset is held long-term by the Fund/SPV, with the completed asset managed on behalf of its owners.
20%
structured equity
delivered by SARH through its consortium
80%+
project-finance sukuk/bonds
non-recourse, long-term
IG
investment-grade target
via appropriate credit enhancements
The Equity Formulation
SARH structures and delivers up to 20% of required project equity through its consortium — anchored by SARH's capitalized pre-development IP and supported by subordinated private credit — with the remaining 80%+ funded through non-recourse, long-term project-finance sukuk/bonds carrying appropriate credit enhancements to achieve investment-grade ratings.
Where SARH Stands
SARH's equity position sits within the project SPV through project delivery; the asset is held long-term by the Fund/SPV, with SARH anchored as the Master Developer and Long-Term Asset Manager.
Three Phases, One Anchor
The lifecycle of a SARH project
- Phase 01
Development
8–12 months
Development manager & financing manager
- Phase 02
Construction
24–48 months
Development manager & financing manager
- Phase 03
Long-Term Operations
Ongoing
Asset Manager
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