Al Aziziah REIT collects SAR 2M in receivables for 2018, 2019

30/12/2025 Argaam
Logo of Al Aziziah REIT Fund

Logo of Al Aziziah REIT Fund

Wasatah Capital, being the fund manager of Al Aziziah REIT Fund, announced that the fund has collected SAR 2 million in receivables for 2018 and 2019.

 

This came as part of the fund manager’s efforts to follow up and collect the outstanding financial receivables due from Eskan for Development and Investment Co., a former tenant, the company said in a Tadawul statement.

 

This should impact positively on Al Aziziah REIT’s cash liquidity and financial position.

 

The fund manager will continue taking the necessary actions to collect the remaining outstanding receivables from Eskan, noting that any material developments will be disclosed in accordance with the applicable rules and regulations.

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