About SKALE
Company
The Name, an Embodiment
of Our Values
SKALE is grounded in four core values that shape the way the company thinks, builds, and grows.
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Balanced
ScaleMeasurement is rooted in fairness and accuracy. We believe in delivering what is right and maintaining the highest standards of quality and integrity in everything we do.
Core Value: Fairness in measurement. Integrity in quality.
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Growing
ScaleWe scale alongside institutional investors to deliver impactful real estate projects that create long-term value for end users and sustainable returns for investors.
Core Value: Purposeful scale. Lasting impact. Sustainable returns.
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Human
ScaleHuman scale is fundamental to architecture. It reminds us that every space we create begins with the people who experience it.
Core Value: Prioritize the end user.
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S.K.A.
Salman Khaled AssiriSKALE also carries the initials of our CEO. The company’s values are a reflection of the principles behind its leadership — ethics, determination, vision and dedication.
Core Value: Leadership by example.
Legacy
Nearly Half a Century
of Precision
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1982
A Real Estate Company Is Founded
Khaled Assiri establishes the family’s real estate management company in Saudi Arabia, the foundation SKALE is built on.
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Late 1990s
Expansion into Fit-Out & Manufacturing
Builds a wood and metal factory, becoming one of the largest fit-out companies for royal and governmental projects.
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2005
Growth as a Major Contractor
The company grows into a large-scale contractor, delivering hundreds of high-profile confidential projects across the Kingdom.
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2005–2014
Strategic Land Acquisitions
The Assiri family assembles a land portfolio of four million square meters across Saudi Arabia.
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2014
Major Residential Acquisitions
The Assiri family serves as lead investor in a SAR 3.5 billion transaction.
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2021
SKALE is Established
SKALE Developments is founded by Salman Assiri.
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2024
Related Fund Management Invests in SKALE
Related Fund Management becomes an investor, shareholder, and strategic partner in SKALE. Separately, RELATED SKALE is established as their joint venture for opportunities pursued together in Saudi Arabia.
Comprehensive
Capabilities
SKALE holds all four areas under direct control: development, investment, operations, and the supplemental trades that support them.
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Development
- Site Acquisition & Joint Ventures
- Capital Raising & Financing
- Entitlements & Zoning Analysis
- Programming & Design
- Construction Management
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Property
Management- Luxury Rental Residences
- For-Sale Residences
- Office Headquarters & Workplaces
- Retail & Restaurants
- Destination & Mixed-Use Developments
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Real Estate
Investment- Land Ownership, Property Investments
- Opportunistic Real Estate Investments
- Core & Core+ Investment Strategies
- Multifamily Housing Investments
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Supplemental
Operations- Internal Construction Trades Procurement
- Architecture & Interior Design Studio
- Luxury Finishes & Fit-Out Facilities
- Product & Furniture Design
- Marketing & Sales