Al Rajhi REIT new units trading to begin Tuesday

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced that the trading of the newly-issued Al Rajhi REIT Fund units will start on Tuesday 7 January 2020.

The Capital Market Authority (CMA) board approved in October Al Rajhi Capital's request to increase Al Rajhi REIT Fund total assets value by issuing additional units for the purpose of acquiring real estate assets.

The real estate investment trust fund recently acquired two properties in Riyadh for a total of SAR 230 million.

 

Mubasher Contribution Time: 06-Jan-2020 14:27 (GMT)
Mubasher Last Update Time: 06-Jan-2020 14:27 (GMT)