Swicorp Wabel REIT announces gradual reopening of shopping centers

04/06/2020 Argaam

 

Swicorp, the fund manager for Swicorp Wabel REIT Fund, announced today that its shopping centers will gradually reopen for business as usual, currently operating from 6am to 8pm until June 20.

 

At present, indoor orders at restaurants and cafes are allowed, while activities that do not ensure social distancing, such as beauty salons, recreation centers, cinemas and other activities specified by competent authorities will not be permitted, the fund manager said in a bourse filing.

 

The company confirmed its commitment to implement all government decisions in this regard.

 

Argaam reported earlier that Saudi Arabia will end its coronavirus curfew starting Sunday, June 21, except for Makkah, in a phased manner.

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