SEDCO Capital REIT extends MoU for property purchase in Dubai for 30 days

09/01/2024 Argaam

SEDCO Capital REIT extends MoU for property purchase in Dubai for 30 days

Logo of SEDCO Capital REIT Fund

Saudi Economic and Development Securities Co. (SEDCO Capital), the manager of SEDCO Capital REIT, extended a memorandum of understanding (MoU) to purchase an educational complex in the UAE for an additional 30 working days.

 

In a statement to Tadawul, the company said this extension is intended to complete the due diligence, both legal and technical, for the property.

 

Last November, SEDCO Capital signed a MoU to purchase an educational complex in the UAE for AED 160.5 million, excluding any fees related to the acquisition, according to available data on Argaam.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read