Local partnership launches Oman Real Estate Development Fund

Summary:

Oman has announced the establishment of the Oman Real Estate Development Fund, a collaboration between Oman National Investments Development Company (Tanmia) and FIM Partners Muscat. The fund will invest at least RO 96 million in domestic real estate projects, focusing on economically viable ventures. It aims to attract long-term institutional capital and provide innovative financing solutions while ensuring high governance standards. This initiative aligns with the growth of Oman's real estate sector, driven by Oman Vision 2040, economic diversification, and increasing demand for various property types.