K&A successfully advised BSF Capital in its role as underwriter, financial adviser, bookrunner and lead manager in relation to the initial public offering (IPO) of Dar AlMajed Real Estate Company (known as AlMajidiah) on the Saudi Exchange’s main market.
Dar AlMajed Real Estate Company is a prominent real estate developer in Saudi Arabia, with a growing portfolio of residential, commercial, and mixed-use projects that support the Kingdom’s urban expansion and align with Vision 2030’s goals of sustainable development and housing growth.
Dar AlMajed has played a key role in shaping communities across the Kingdom, with diverse projects catering to the increasing demand for housing, retail, and commercial spaces, strengthening its position as one of the Kingdom’s emerging real estate leaders.
The K&A team was led by Managing Partner Zeyad S. Khoshaim and Senior Associate Ghaida Meaigel.
This comes on the back of K&A’s Capital Markets team maintaining its Band 1 / Tier 1 status across all reputable journals, and further cements K&A’s standing as the only independent Saudi law firm consistently ranked in Tier 1/Band 1 by all major legal directories, including IFLR1000, Chambers, and Legal 500.
