Musharaka REIT units added to investor accounts

27/09/2017 Argaam

Musharaka Capital Real Estate Investment Traded Fund’s (Musharaka REIT) units have been added to investor accounts, the Securities Depository Center Co. (Edaa) said in a statement to the Saudi Stock Exchange (Tadawul) on Wednesday.

 

The initial public offering (IPO) of Musharaka REIT on Tadawul ended 1,021 percent oversubscribed, raising SAR 3.8 billion, Argaam earlier reported. 

 

The fund, which targets capital of SAR 880 million, was offered from July 25 to August 3.

 

Musharaka REIT is the sixth real estate investment traded fund to be listed on Tadawul, after Riyad REIT, Jadwa REIT Al-Haramain Fund, and AlJazira Mawten REIT, Taleem REIT and Al Ma’athar REIT. 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read