Saudi Stock Exchange (Tadawul) said that the listing and trading of units of MEFIC REIT Fund will begin on Tuesday, Nov. 13, 2018.

 

The units will be listed in the Real Estate Investment Traded Funds (REITs) sector, under code 4346 with a 10 percent daily fluctuation limit, Tadawul added in a statement.

 

REITs allow investors to access the local real estate market through purchasing existing, developed property.

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