Brookfield Asset Management Signs Agreement to Establish Mortgage Finance Platform in Saudi Arabia

Reuters

2025/11/18

<a href="https://laohu8.com/S/BAM">Brookfield Asset Management</a> Signs Agreement to Establish Mortgage Finance Platform in Saudi Arabia

Brookfield Asset Management Ltd., in partnership with the Real Estate Development Fund (REDF), the Saudi Real Estate Refinance Company $(SRC)$, and LCM Partners, announced an agreement to establish an advanced mortgage finance platform in the Kingdom of Saudi Arabia. The initiative aims to create a world-class, multi-purpose platform for asset and servicing management, supporting the development of the Saudi housing-finance ecosystem. As part of the agreement, LCM Partners will become a shareholder in the National Support Company for Finance Services through the issuance of new shares. The partnership is intended to enhance the quality of financing services and support the objectives of Saudi Vision 2030 and the Housing Program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Asset Management Ltd. published the original content used to generate this news brief via CNW (Ref. ID: C8972) on November 17, 2025, and is solely responsible for the information contained therein.

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Brookfield Asset Management Ltd. published the original content used to generate this news brief via CNW (Ref. ID: C8972) on November 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BN","symbol_name":"Brookfield","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251117:nNDL8TKPq:1","article_id":"2584608305","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584608305","pubTimestamp":1763422165,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Brookfield Asset Management Ltd., in partnership with the Real Estate Development Fund , the Saudi Real Estate Refinance Company , and LCM Partners, announced an agreement to establish an advanced mortgage finance platform in the Kingdom of Saudi Arabia. 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The initiative aims to create a world-class, multi-purpose platform for asset and servicing management, supporting the development of the Saudi housing-finance ecosystem. As part of the agreement, LCM Partners will become a shareholder in the National Support Company for Finance Services through the issuance of new shares. The partnership is intended to enhance the quality of financing services and support the objectives of Saudi Vision 2030 and the Housing Program.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brookfield Asset Management Ltd. published the original content used to generate this news brief via CNW (Ref. 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