Alkhabeer Capital, the manager of Alkhabeer REIT Fund, announced today, Monday, that the Board of Directors has agreed not to proceed with the acquisition of a real estate in Riyadh. p>
The company clarified in a statement to the Saudi Market (Tadawul) that the necessary measures will be taken to update the file of increasing the total assets value of the fund, including the terms and conditions of the fund, and re-present them. To obtain the necessary approvals.
And last January, the Saudi Capital Market Authority announced its approval to increase the total assets value of the Expert Rhett Fund by offering additional units, through the acquisition of real estate assets. New
