Aljazira REIT signs warehouse leasing deal

31/07/2019 Argaam

AlJazira Mawten REIT Fund (Aljazira REIT) has leased warehouse 1, bloc 4, located in Al khomrah, Jeddah to Alam Al-Wisam for SAR 853,660, fund manager Aljazira Capital said in a statement to Tadawul.

 

The three-year contract, which comes into effect on Aug. 25, 2019, is expected to have a positive impact on the fund’s financial results for 2019.

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