OSOOL & BAKHEET Investment Company announces occurrence of a material development for Al-Maather REIT Fund

Al-Ma’ather REIT Fund announces that it has entered into an agreement to purchase real estate property of Al Nokhba Educational Schools, on 27/05/1441 AH corresponding to 22/01/2020 (subject to obtaining the necessary approvals from the current mortgagee and completing the regulatory procedures). The acquisition value is SAR 31,000,000 (thirty-one million Saudi riyals), and the transaction…

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