Wasatah Capital begins managing SICO Saudi REIT Fund

Logo of SICO Saudi REIT Fund

Wasatah Capital announced that Oct. 22, 2025, is the commencement of its duties in managing the SICO Saudi REIT Fund, pursuant to the approval of the Capital Market Authority (CMA) dated July 29, 2025.

The company stated that an update to the fund's terms and conditions (T&Cs) will be disclosed later to clarify changes related to its management, in accordance with relevant regulatory requirements.

According to Argaam’s data, unitholders of the SICO Saudi REIT Fund approved, on June 29, 2025, SICO Capital’s decision to voluntarily quit its role as a fund manager, while Wasatah Capital was named as the replacement.

Wasatah Capital agreed to the appointment (with a representative present at the meeting), provided that the CMA gives its approval and that all associated regulatory requirements are fulfilled.