Al Akaria completes title deed transfer from Alinma Al Akaria Fund to Hodoud

13/11/2022 Argaam
Logo ofSaudi Real Estate Co. (Al Akaria)

Logo of Saudi Real Estate Co. (Al Akaria)

Saudi Real Estate Co. (Al Akaria) announced that it completed, on Nov. 10, the title deed transfer from Alinma Alakaria Real Estate Fund to the newly-established subsidiary, Hodoud Real Estate Investment, according to a statement to Tadawul.

 

On Oct. 26, Al Akaria announced the incorporation of Hodoud Real Estate Investment (sole proprietorship), a fully-owned subsidiary with a paid-up capital of SAR 10,000 divided into 1,000 equal shares (SAR 10 per share), data available with Argaam showed.

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