Monday 22 January 2018
 
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REIT fund

Saudi Al Rajhi REIT fund raises $197m in IPO

Al Rajhi Capital, one of the leading providers of financial services in Saudi Arabia, said it had successfully closed the initial public offering (IPO) of its REIT (real estate investment trust) fund raising SR740 million ($197.2 million).

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Taleem REIT fund to buy prime Saudi property

Taleem real estate investment fund (REIT) said it has reached an agreement with top Saudi investment company Al Rajhi United to acquire a 30,000-sq-m educational real estate located in Al Nuzha district of the capital Riyadh. The

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Al Rajhi United in deal to sell key Saudi property

Top Saudi investment company Al Rajhi United has signed an agreement with Taleem real estate investment fund (REIT) for the sale of a 30,000-sq-m real state property located in Al Nuzha district in capital Riyadh. As per the deal, Talee

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Oman readies draft regulation on REIT funds

Oman government has finalised a draft regulation for listing real estate investment trust (REIT) funds and is now awaiting final approval from certain ministries, such as the Ministry of Housing, said a report. The whole issue wil

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