News

Alkhabeer Capital Announces the Occurrence of a Specific Event to Alkhabeer REIT Fund

28 June 2021

– Announcement –

Alkhabeer Capital Announces the Occurrence of a Specific Event to Alkhabeer REIT Fund

Alkhabeer Capital, the Fund Manager of Alkhabeer REIT (“the Fund”), announces on 27 June 2021, the completion of the acquisition process of Vision Colleges for Education, a building of educational colleges, which is located in Al Rayyan Street, east of the highway, Jeddah.

The Fund Manager aims from the above-mentioned acquisition process to expand the Fund’s asset base and diversify its sources of income, which will positively affect the results and performance of the Fund.

– Ends –