4.54
+0.02(+0.44%)
Currency In SAR
Address
Al Anoud Tower 2 | King Fahad Road
Riyadh, Riyadh Province 11544
Saudi Arabia
Phone
8004413333
Website
Sector
Real Estate
Industry
REIT - Retail
Employees
N/A
First IPO Date
August 06, 2018
The Fund aim to invest in Real Estate assets within the Kingdom of Saudi Arabia and distribute at least 90% of the Fund''s net profit annually to the Unitholders. The fund may invest in under construction assets bearing that at least 75% of the Fund''s total assets value must be invested in developed Real Estate qualified to generate periodic rental income. Further, the Fund will not invest in vacant Lands.