Al-Khabeer Capital announced the joining of the Expert REIT Fund (the fund) to the FTSE Iber Narrit Global Real Estate Index specializing in real estate ETFs and real estate companies.
According to Arabiya Net, the fund’s accession to this index will have an impact on the fund through the possibility of attracting more foreign investors, according to what the company said in a statement to the Saudi Stock Exchange Tadawul. .
and last month, Alkhabeer Capital, in its capacity as the manager of Alkhabeer REIT Fund, announced the successful completion of the cash subscription process in increasing the total value of the fund's assets, which ended on 08/06 \ 2020, where 104% of the total cash offering volume was covered.
The owners of the units of the expert Rhett Fund had agreed, on July 5, to increase the total value of the fund’s assets by 722.8 million riyals by offering 36.53 million units to increase the total value of assets The fund from 984.7 million riyals to 1707.5 million riyals.
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