Logo of Al Aziziah REIT Fund
Wasatah Capital, the fund manager of Al Aziziah REIT Fund, announced that the fund has collected SAR 1.48 million in receivables for 2018 and 2019, which were due from the former tenant Eskan for Development and Investment Co.
In a statement to Tadawul, Wasatah Capital explained that there are no remaining outstanding amounts due from the company, and it expects this collection to have a positive impact on the fund’s cash liquidity and financial position.
It noted that any material developments, if any, will be disclosed in accordance with the relevant laws and regulations.
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