Wasatah Capital begins managing SICO Saudi REIT Fund

Logo of SICO Saudi REIT Fund

Wasatah Capital said it began its duties in managing the SICO Saudi REIT Fund, effective as of Wednesday, Oct. 22, 2025, pursuant to the approval of the Capital Market Authority (CMA) dated July 29, 2025.

An announcement regarding the updated terms and conditions (T&Cs) of the fund will be made at a later stage to reflect the changes related to its management, in accordance with the applicable regulatory requirements, it added.

According to Argaam’s data, unitholders of SICO Saudi REIT Fund approved, on June 29, 2025, SICO Capital’s decision to voluntary quit its role as a fund manager, while Wasatah Capital was named as replacement. Wasatah Capital also nodded to the appointment, pending the approval of the Capital Market Authority (CMA) and completing all related regulatory procedures.