Riyadh – Mubasher: The Capital Market Authority (CMA), as well as the unitholders, gave the green light for Jadwa REIT Saudi Fund to increase the total value of assets by SAR 370 million.
The fund’s manager Jadwa Investment Company said this change will become effective on 26 September, according to a bourse disclosure on Wednesday.
Raising the asset value will be implemented by accepting cash, in-kind subscriptions, or both ways.