Mulkia Gulf Real Estate REIT to launch its units on September 17

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The terms and conditions prospectus for the Mulkia Gulf Real Estate REIT fund shows that subscription to the fund will be available through several entities. This is the first time that subscription to an investment fund will be opened to receive subscription requests through recipients independent of the fund manager, in a way that opens the door for the participation of the largest possible segment of investors.

Mulkia Investment Company. Mulkia Gulf Real Estate REIT will be available at Banque Saudi Fransi and Al Jazeera Capital, in addition to the fund manager, Mulkia Investment Company.

Mulkia Investment Company has been approved by the Ministry of Finance. The Capital Market Authority (CMA) has recently approved Mulkia Investment Company's application to offer, register and list the units of “Mulkia Real Estate Gulf REIT Fund” on the market as a publicly offered real estate investment trust (REIT).

Mulkia Real Estate Gulf REIT is the seventh REIT offering on the Saudi Stock Exchange.

Mulkia Real Estate Gulf REIT is the seventh REIT offering on the Saudi Stock Exchange. Mulkia Gulf Real Estate REIT is a Sharia-compliant closed-end real estate investment trust with a target size of SAR 600 million, and the fund will be offered for 5 business days from September 11 to September 17.

Mulkia Gulf Real Estate REIT is the seventh REIT offering on the Saudi Stock Exchange.