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- About
na Capitas Group International (“CGI†or the "Company") is a Jeddah-based management firm established to build, launch and manage specialized real estate centered platforms in the OIC. Founded in 2009 as a joint venture between the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDBG), and Capitas Group, LLC, a NY-based management company, the Company has since been engaged by governments and leading private sector institutions to develop and oversee platforms and projects worth in excess of SAR 10 billion._x005F_x000D_
The Company's two main business areas - Real Estate Financial Platforms (FP) and Development Management Services (DMS) - work on real estate sector projects in Saudi Arabia and the broader OIC. While FP develops finance related solutions to support home buyers and housing developers, DMS manages large scale real estate developments on behalf of project sponsors, investors and land owners. Both teams work independently and integrate seamlessly to provide clients and partners with a full range of real estate sector expertise - from planning to design, to finance, and execution._x005F_x000D_
CGI has partnered and collaborated with some of the most prominent and influential public and private sector institutions in the Kingdom of Saudi Arabia and globally._x005F_x000D_
In Saudi Arabia, CGI is responsible for the launch and set up of the following platforms:_x005F_x000D_
• Bidaya Home Finance Company – a SAR 900 million national home finance company to be licensed under SAMA and comprised prominent public sector institutions and family houses. CGI is responsible for the full build and launch of the company._x005F_x000D_
Our vision is to develop measurable and sustainable programs which fuel the growth of the economies we work in and build wealth for the partners we work with._x005F_x000D_
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In our collaborations with private and public sector stakeholders, we integrate practical experience, global best practices, local knowledge, and an innovation-led approach to deliver the best solutions.
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