The Kingdom’s Vision 2030 agenda gets a significant boost as Ghanem, a Saudi-based digital real estate platform, successfully raises $7.1 million. This funding comes from the prominent Saudi business player, Al-Romaih Group.
Ghanem, an innovative platform, focuses on fractional ownership. This concept is quickly gaining popularity in the real estate industry. Ghanem is breaking down property ownership into smaller, more affordable parts, democratizing real estate investment access. This approach aligns well with the Kingdom’s Vision 2030 agenda, aiming to broaden investment access for the public.
The funding from Al-Romaih Group endorses Ghanem’s innovative approach. Ghanem regards Al-Romaih Group as a top business entity in the Kingdom. This substantial funding will significantly boost Ghanem’s ambitious expansion plans and further product development.
Expansion and Development on the Horizon
With this new funding, Ghanem is set to make a significant impact on the Saudi real estate market. Specifically, the platform will use the funding for expansion and product development. This could include enhancing the platform’s features and functionality, and expanding its reach to a broader audience.
This expansion benefits not only Ghanem but also potential investors. By providing a platform for fractional ownership, Ghanem opens up the real estate market to individuals who might not have had the means to invest before. This democratization of investment access aligns with the Kingdom’s Vision 2030 agenda.
Moreover, Ghanem’s digital solutions focus aligns with the global trend towards digitization in the real estate sector. By offering a digital platform for fractional ownership, Ghanem leads this trend. This provides a convenient and accessible solution for investors and positions Ghanem as a digital real estate pioneer.
In conclusion, the $7.1 million funding from Al-Romaih Group marks a significant milestone for Ghanem. It validates Ghanem’s innovative real estate investment approach and provides the platform with the resources for continued growth and development.
