QFC firm HMK Capital completes QR1.8bn in realty acquisitions for Salwa REIT
<p>Doha, Qatar: HMK Capital, an investment firm licensed under the Qatar Financial Centre (QFC) and regulated by the Qatar Financial Centre Regulatory Authority (QFCRA), has successfully completed the acquisition of a real estate assets valued at around QR1.8bn since July 2026, establishing the initial portfolio of Salwa REIT with 51 properties across Mseimeer, Al Rayyan and Al Dafna/West…
Doha, Qatar - HMK Capital, a reputable investment firm licensed under the Qatar Financial Centre (QFC) and overseen by the Qatar Financial Centre Regulatory Authority (QFCRA), has successfully finalized the acquisition of real estate assets amounting to approximately QR1.8 billion since July 2026. This acquisition marks the establishment of Salwa REIT's initial portfolio, which now includes 51 properties spread across Mseimeer, Al Rayyan, and Al Dafna/West Bay.
The portfolio boasts a diverse mix of real estate assets, encompassing approximately 1,500 residential units, over 100 retail units, and around 25,000 square meters of commercial office space. Remarkably, the portfolio is fully leased and operating at near-full occupancy.
In July and August 2026, HMK Capital successfully navigated through financing arrangements supporting the portfolio through a Sharia-compliant structure. This strategic move not only enhanced the Fund's capital structure but also bolstered its long-term investment strategy.
The investment firm remains committed to identifying additional income-generating real estate opportunities in Qatar. The objective is to further diversify and expand Salwa REIT's asset base. HMK Capital aims to advance the market process for the proposed listing of Salwa REIT on the Qatar Stock Exchange (QSE), subject to the necessary approvals.
Sheikh Hamad Mohammed Khalid Al Thani, Chairman and Founder of HMK Capital, expressed his satisfaction with the milestone. He stated, "The successful completion of Salwa REIT's initial portfolio signifies a significant achievement for HMK Capital, reflecting our faith in the robust potential of Qatar's real estate market. We remain dedicated to collaborating with investors and capital markets participants to create innovative investment products that provide access to diversified, income-generating assets."
The Fund plays a pivotal role in advancing Qatar's asset management and capital markets sectors, aligning with the Qatar National Vision 2030 and NDS3. It offers investors regulated access to Qatar's real estate market, contributing to the nation's economic development.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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