Al Rajhi REIT Fund's units have been added to investor accounts today, the Securities Depository Center Co. (Edaa) said in a statement.

 

The initial public offering (IPO) of the fund, which ran from January 1 to January 14, was oversubscribed by 174 percent, raising SAR 740 million.

 

Al Rajhi Capital owns around 10 percent in the REIT post-IPO and has committed not to sell any units for the next two years after listing.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Related News

Al Rajhi REIT’s IPO 174% oversubscribed, raises SAR 740 mln

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request