Saudi Alkhabeer Capital gets approval to up REIT asset value

Saudi Alkhabeer Capital gets approval to up REIT asset value

Saudi Alkhabeer Capital gets approval to up REIT asset value A leading asset manager specialising in shari'a-compliant investments and financial services, Alkhabeer Capital pointed out that the assets value boost was aimed at carrying out key regional acquisitions    Saudi Capital Market Authority headquarters is seen in Riyadh, Saudi Arabia June 26, 2019. REUTERS/Nael Shyoukhi - RC1C5289E220 Image used for illustrative purposeSaudi-based Alkhabeer Capital said it had won approval from Capital Market Authority to increase the total asset value of its real estate investment trust (REIT) fund.A leading asset manager specialising in shari'a-compliant investments and financial services, Alkhabeer Capital pointed out that the assets value boost was aimed at carrying out key regional acquisitions. These include:A leading asset manager specialising in shari'a-compliant investments and financial services, Alkhabeer Capital pointed out that the assets value boost was aimed at carrying out key regional acquisitions. These include:said it had won approval from Capital Market Authority to increase the total asset value of its real estate investment trust (REIT) fund.*Vision College for Education (previously known as Al Farabi College for Education): An educational property located in Al-Rayyan district, east of Al-Haramain highway, Jeddah.*Akun Cold Storages: Cold storage warehouses located at the intersection of