Alkhabeer REIT ends SAR 170M hedging agreement signed in 2024

SAR 20 mln of facilities granted during Alkhabeer REIT Fund’s IPO remain unhedged

Alkhabeer REIT Fund’s board of directors approved terminating the hedging agreement signed in October 2024, valued at SAR 170 million. As a result, SAR 20 million of the facilities granted during the fund’s initial public offering remained unhedged, fund manager Alkhabeer Capital said in a statement to Tadawul.

The fund’s board had approved on Dec. 25, 2025, using proceeds from the sale of the B&Q and Ahlan Court properties to repay SAR 150 million of the credit facilities granted to the fund at the time of the IPO.

The move is likely to reflect positively on financial results, through reducing annual financing costs and improving the fund’s results.