Riyad Capital has launched a new SAR 1.5 billion real estate fund to develop a massive mixed-use site in Riyadh. The project covers 32,000 square metres on Al-Takhassusi Road and focuses on transit-oriented development. Partnering with Princess Munira bint Abdullah bin Faisal Al Saud and Naif AlRajhi Investment, the scheme will deliver new offices, homes, shops and hospitality spaces near the Al-Takhassusi Metro Station.