Alkhabeer REIT secures SAR420 million facility with Al-Rajhi Bank
Saudi Arabia’s Alkhabeer REIT has obtained an SAR420 million (USD112 million) facility agreement with Al-Rajhi Bank. The Shari’ah-compliant facility agreement…
Saudi REITs drive IPO proceeds for GCC region in 2Q 2018
Amid cautious investor sentiments across the Gulf Cooperation Council (GCC), the listing of three Saudi Arabian REITs have notched up…
IPO for Al Rajhi REIT Fund launches in Saudi Arabia
The initial public offering (IPO) for one of Saudi Arabia’s largest REIT, Al Rajhi REIT Fund, has launched. The exercise,…
Jadwa REIT acquires two properties in Mecca for USD39 million
Jadwa REIT Al Haramain has acquired two properties in Mecca, Saudi Arabia for a total consideration of SAR148 million (USD39.4…