Alinma Retail REIT changes property manager for some assets

25/12/2025 Argaam
Alinma Retail REIT Fund says Top Place Co. taking over as property manager after contract with Retail Real Estate Co. ends

Alinma Retail REIT Fund says Top Place Co. taking over as property manager after contract with Retail Real Estate Co. ends

Alinma Retail REIT Fund will not renew the property management contract with Retail Real Estate Co. that is set to expire on Jan. 6, 2026, fund manager Alinma Capital said in a statement to Tadawul.

 

Top Place Co. is taking over property management duties for Almakan Mall (Hafar Al-Batin), Almakan Mall (Al-Dawadmi), Almakan Mall (Tabuk) and Signature (Riyadh), Alinma Capital said.

 

The fund’s other properties are leased to a main tenants and do not require a property manager, the statement added, noting that this change is expected to increase the efficiency of the fund’s asset management and improve the quality of its operational services.

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