Alkhabeer REIT’s new units to start trading tomorrow

20/09/2020 Argaam

The Saudi Stock Exchange (Tadawul) announced that the new units of Alkhabeer REIT Fund will start trading tomorrow, Sept. 21, 2020.

 

In July, unit holders approved increasing the total asset value of the fund by SAR 722.8 million through issuing additional units and securing extra Shariah-compliant financing.

 

The fund received the Capital Market Authority’s nod in June to increase the fund’s total assets by SAR 722.8 million to acquire three assets in Riyadh, Argaam reported. 

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