Riyad REIT’s units to start trading tomorrow

11/07/2018 Argaam

 

The Saudi Stock Exchange (Tadawul) said Riyad REIT’s units will start trading as of Thursday, July 12, 2018.

 

Riyad Capital, in May, closed the secondary public offering to increase the capital of Riyad REIT Fund from SAR 500 million to SAR 1.633 billion with a total of 18,000 subscribers.


Riyad REIT is the first fund to carry out a secondary offering by raising its capital through a new mechanism based on a right of allocation method.

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