Mulkia REIT sets subscription price for additional offering at SAR 6.68/unit

13/03/2023 Argaam
Logo ofMulkia Gulf Real Estate REIT Fund

Logo of Mulkia Gulf Real Estate REIT Fund

Mulkia Investment Co., the fund manager and operator of Mulkia Gulf Real Estate REIT Fund, announced that an additional offering to raise the total value of the fund's assets will start from March 16 and continue until March 29 (10 working days).

 

According to a Tadawul statement, the subscription price for the additional units was set at SAR 6.68 per unit.

 

No fees will be imposed on subscribing to the additional offering, the statement said, adding that the fund manager waived the dealing fees, capital structuring fees, and financing structuring fees related to the additional offering.

 

Retail investors will be able to subscribe to the offering through Al Rajhi Bank, Bank AlJazira, and Mulkia Investment’s website.

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