Mulkia REIT board, CMA approve non-fundamental change to fund

27/10/2021 Argaam

Logo of Mulkia Gulf Real Estate REIT Fund

Mulkia Investment Co., the fund manager for Mulkia Gulf Real Estate REIT Fund, announced the approval of the board of directors and the Capital Market Authority (CMA) on a non-fundamental change to the fund, effective Nov. 11, according to a bourse filing.

 

The company explained that the details of the change is the completion of the process of converting the fund into a closed-end real estate investment traded fund that takes the form of a special purpose entity.

 

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