Al Rajhi REIT Fund Launches $437.4 Million IPO

by Forbes Middle East Forbes Middle East - Business News
In one of the largest REIT fund IPOs in Saudi Arabia, Al Rajhi REIT FundAl Rajhi Capitals first Real Estate Investment Fundlaunched an IPO with a fund size of $437.4 million (SAR 1.62 billion) on J
Recommended Features
  • Fund
  • Saudi Arabia
  • IPO
  • Real Estate
  • REIT Fund
Learn more about Al Rajhi REIT Fund Launches $437.4 Million IPO»

Review on Al Rajhi REIT Fund Launches $437.4 Million IPO

The IPO will run until January 14, offering 42.67 million units for SAR 10 each. The Sharia-compliant fundmanaged by Al Rajhi Capitalaims to acquire or invest in income generating commercial, office, and educational assets, as well as warehouses, located in Riyadh, Jeddah, Al Khobar and Khamis Mushait in the Kingdomexcept Makkah and Madinah.

Related to Al Rajhi REIT Fund Launches $437.4 Million IPO

Sponsor Ads

About Forbes Middle East Advanced   Forbes Middle East - Business News

103 connections, 0 recommendations, 247 honor points.
Joined APSense since, December 7th, 2017, From Dubai, United Arab Emirates.

Created on Jan 7th 2018 23:16. Viewed 678 times.


No comment, be the first to comment.
Please sign in before you comment.