Aljazira Mawten REIT ends contract with Mawten Real Estate

10/12/2019 Argaam


  
Aljazira Mawten REIT Fund announced terminating a contract with Mawten Real Estate Co. to operate, maintain and market the fund’s warehousing projects, Aljazira Capital, the fund manager said in a bourse statement.

   

The asset will be received ahead of the expiration date of the three-month notice period.  

     

No material impact is expected from the deal termination, the statement added.

 

 

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