On Monday, March 26, 2018, Daraya REIT will begin listing and trading its units with the symbol 4339 within the ETF sector and the daily volatility of the unit price will be 10%...

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In the same direction, the Saudi Stock Exchange (Tadawul) announced in a statement that according to the instructions for real estate investment funds announced by the Capital Market Authority on Sunday, October 30, 2016, the investment objective of real estate investment funds is to invest in structurally developed properties that can achieve periodic and rental income.

Real estate investment funds (REITs) allow investors to invest in developed properties. REITs allow all categories of investors to buy and sell REIT units in the same way stocks are traded on the stock market.

Real Estate Investment Trusts (REITs) have been finalized. The fund's subscription was completed on January 7, with a subscription coverage rate of 125%, while the funds raised amounted to 451 million riyals.

The fund was allocated 1,000 units. 1000 investment units were allocated to each subscriber and the remaining units were allocated on a proportionate basis to all subscribers according to the total value of the units offered, which amounted to 361.74 million riyals.