MEFIC REIT inks deal to manage, operate Dhiyafa Plaza 1, Souq Sharq in Riyadh

29/06/2025 Argaam
Logo of MEFIC REIT Fund

Logo of MEFIC REIT Fund

MEFIC REIT Fund signed an agreement with Al Maqsd Co. to manage and operate Dhiyafa Building Plaza 1 and Souq Sharq in Riyadh for one year, renewable, effective July 10, 2025.

 

According to a statement to Tadawul, the agreement will likely have positive impact on reducing operating costs and enhancing net returns, the statement added.

 

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