KSA Ghanem Company joins Saudi RER tokenization sandbox

Ghanem Company, a PropTech focusing on fractional real estate ownership using tokenization, has joined the regulatory tokenization sandbox of RER ( Real Estate Registry) a subsidiary of Saudi Arabia’s Real Estate General Authority (REGA). Ghanem is among nine other proptechs who have joined.

In November 2025, The Saudi Arabian Real Estate Registry (RER), which is under the supervision of KSA’s Real Estate General Authority (REGA) launched a nationwide property tokenization infrastructure that offers digital ownership transfer built on a blockchain infrastructure that would include real estate registration, fractionalization and marketplace integration. The national real estate registry tokenization project is being developed by SettleMint.

At the Real Estate Future Forum in Saudi in January 2026, Minister Majed Al Hogail, Ministry of Housing in KSA, announced the launch of a regulatory sandbox for real estate tokenization, admitting nine pioneering companies.

Ghanem Company is working to enable eligible Saudi investors to acquire officially registered fractional shares in income-generating real estate assets through a fully digital investment journey. Ghanem is fully integrated with the Real Estate Registry, ensuring that ownership is recorded transparently within the official system and aligned with regulatory requirements and investor protection standards.

The launch reflects REGA’s broader mandate to encourage innovation within the real estate sector while maintaining strong governance, compliance, and market integrity. By operating within the sandbox framework, the model allows for structured testing under regulatory supervision before any wider market rollout.

Through the Ghanem’s offering, investors can participate in real estate ownership without the capital requirements typically associated with full-property acquisition. The integration with the national registry ensures that fractional ownership rights are formally documented, reinforcing transparency and trust within the investment process.

Saleh Waheed Al-Ghamdi, CEO of Ghanem, said, “Launching fractional ownership under the REGA Sandbox is a major milestone for Ghanem and the Saudi real estate sector. Our full integration with the Real Estate Registry allows us to deliver a transparent, secure, and fully regulated investment experience.”

According to Ghanem, the fractional ownership product will be introduced in phases within the sandbox environment. This approach enables controlled implementation and performance evaluation under REGA’s oversight before considering broader market expansion.