QFC firm HMK Capital completes QR1.8bn real estate acquisitions for Salwa REIT
HMK Capital, an investment firm licensed under the Qatar Financial Centre (QFC) and regulated by the Qatar Financial Centre Regulatory Authority (QFCRA), has completed the acquisition of real estate a...
QFC-based investment firm HMK Capital has finalized the acquisition of real estate assets with an estimated value of QR1.8 billion since July 2026, forming the initial portfolio of Salwa REIT. This portfolio consists of 51 properties spread across Mseimeer, Al Rayyan, and Al Dafna/West Bay, covering a diverse range of residential, retail, and commercial office assets. Among these holdings are approximately 1,500 residential units, over 100 retail units, and around 25,000 square meters of commercial office space.
In addition to the acquisition, HMK Capital secured financing arrangements for the portfolio through a Shariah-compliant structure during July and August 2026. This further fortifies the fund's capital structure and bolsters its long-term investment strategy. The company remains proactive in identifying additional income-generating real estate opportunities in Qatar to broaden and enhance Salwa REIT's asset portfolio.
Looking ahead, HMK Capital plans to navigate the regulatory and market processes for the proposed listing of Salwa REIT on the Qatar Stock Exchange, pending the requisite approvals. This proposed listing aims to expand the fund's investor base, grant investors access to a diversified portfolio of profitable real estate, and establish Salwa REIT as Qatar's first stock-exchange-listed REIT.
Sheikh Hamad Mohammed Khalid al-Thani, chairman and founder of HMK Capital, expressed, "The successful completion of Salwa REIT's initial portfolio marks a significant milestone for HMK Capital and underscores our confidence in Qatar's real estate market's potential. We are dedicated to collaborating with investors and capital markets participants to develop innovative investment products that offer access to diversified, income-generating assets."
Since its registration under the QFCRA on May 20, 2026, Salwa REIT operates as a closed-ended real estate investment fund, managed by HMK Capital. As Qatar's inaugural REIT and the QFC's first fund under the Collective Investment Scheme Rules, the fund bolsters Qatar's asset management and capital markets sectors, aligning with the Qatar National Vision 2030 and NDS3. In doing so, Salwa REIT provides investors with regulated access to Qatar's real estate market.
Written by urgent.news from Gulf Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
