Booming Saudi REITs grab global attention

Riyadh - Mubasher: Real estate investment trusts (REITs) on the Saudi Stock Exchange (Tadawul) are attracting investors’ attention with their recent boom, prior to the Euromoney Saudi Arabia Conference next month.

Since the Tadawul market was opened to REITs in 2016, there have been multiple listings in the Saudi market, as well as in the UAE and Bahrain.

“REITs are the hottest products in Saudi Arabia right now, and many delegates will be keen to gain insights into the best approach to investing in them,” said Victoria Behn, Euromoney Conference’s head of Middle East and Africa.

“The briefing will provide a focused morning of presentations, discussions and networking, enabling attendees to share ideas and information with some of the leading players in this space operating in the Kingdom,” he added.

The Euromoney Saudi Arabia Conference, which runs from 2 to 3 May, will include a special panel on real estate on the second day.

Mubasher Contribution Time: 24-Apr-2018 23:11 (GMT)
Mubasher Last Update Time: 24-Apr-2018 23:11 (GMT)