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Tadawul launches trading on AlMa'athar REIT

Tadawul launches trading on AlMa'athar REIT
The Saudi Capital Market Authority approved AlMa'athar REIT last month

Riyadh - Mubasher: The Saudi Stock Exchange (Tadawul) announced that trading on the units of AlMa'athar Real Estate Investment Traded Fund (REIT) will begin on Sunday, and will last until Thursday 6 July 2017.

The Saudi Capital Market Authority (CMA) announced in June that it has approved Osool and Bakheet Investment Company’s request to offer, register and list the units of AlMa'athar REIT.

The fund’s total volume stands at SAR 613.7 million, with the unit price amounting to SAR 10.