01:54 AM EDT, 07/14/2026 (MT Newswires) -- MSGA Investment's (SASE:9655) subsidiary will construct 1,000 residential units at a plot in Riyadh, Saudi Arabia, as part of an agreement with Dinar Investment and Asar Investment. Under the deal, the parties will establish a private real estate investment fund with a targeted size of 700 million Saudi riyals, according to a Tuesday release. Asar Investment is the owner of the development land, while Dinar Investment will be the fund manager. The property developer's MSGA Al-Oula Real Estate Development subsidiary will charge a development fee of up to 15% of the total development costs.

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