Al Tayyar inks MoU to set up REIT fund

02/07/2017 Argaam

Al Tayar Travel Group has signed a memorandum of understanding (MoU) with Alistithmar for Financial Securities and Brokerage Co. (Alistithmar Capital) to set up a real estate investment trust (REIT), the travel services provider said in a statement to Tadawul.

 

The new fund, in which Al Tayyar will own a majority stake, will offer four hotels in Makkah, including, Sheraton hotel units and Ajyad Al Masafi building.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read