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Addendum announcement from Mulkia Investment Company related to a specific event in Mulkia Gulf Real Estate REIT fund

Element List Explanation
Date of the Previous Announcement 2024-03-25 Corresponding to 1445-09-15
Hyperlink to the Previous Announcement Click Here
Change Details Further to Mulkia Investment Company announcement regarding the occurrence of a specific event that has been published in 15/09/1445 H corresponding to 25/03/2024 G, Mulkia Investment Company would like to announce finalizing the Process of ownership transfer for the Al-Mathar residential and commercial tower “Malathak Tower 2”.
The Impact Caused by the Change The fund manager expects a positive effect of the acquisition as this will lead to increasing the uses diversification as well as the geographical distribution and the location of the property, which is close to a densely populated area and close to many ministries and services. Also, positive effect on fund’s revenues is expected.
Additional Information Not Applicable.

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