Taleem real estate investment traded fund (REIT) on the Saudi Stock Exchange (Tadawul), ended 890 percent oversubscribed, raising around SAR 761 billion, Saudi Fransi Capital said in a statement.
The value of the offered units reached SAR 85.5 million, it added.
According to data compiled by Argaam, the SAR 285 million fund was offered on May 10-16.
Taleem REIT is the fourth real estate investment traded fund in the Saudi market, after Riyadh REIT, Jadwa REIT Al-Haramain Fund, and AlJazira Mawten REIT.
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