Musharaka Capital Real Estate Investment Traded Fund’s (Musharaka REIT) units have been added to investor accounts, the Securities Depository Center Co. (Edaa) said in a statement to the Saudi Stock Exchange (Tadawul) on Wednesday.
The initial public offering (IPO) of Musharaka REIT on Tadawul ended 1,021 percent oversubscribed, raising SAR 3.8 billion, Argaam earlier reported.
The fund, which targets capital of SAR 880 million, was offered from July 25 to August 3.
Musharaka REIT is the sixth real estate investment traded fund to be listed on Tadawul, after Riyad REIT, Jadwa REIT Al-Haramain Fund, and AlJazira Mawten REIT, Taleem REIT and Al Ma’athar REIT.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}