Al Jazira Capital lists Al Jazira Mowatan REIT on the Capital Market

Island Captal

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Al Jazeera Capital is pleased to announce the listing of Al Jazeera Mowatan REIT as the second real estate fund on Tadawul, in the presence of Engineer Khalid bin Abdullah Al Hassan, CEO of the Saudi Stock Exchange (Tadawul) and Engineer Ziad Abu Al Khail, CEO and Managing Director of Al Jazeera Capital.“

Al Jazeera Capital is pleased to announce the listing of Al Jazeera Mowatan REIT on the Saudi Stock Exchange's list of listed funds as the second real estate fund on Tadawul. Engineer Ziad Abu Al-Khail, CEO and Managing Director of Al Jazeera Capital, revealed that Al Jazeera Mowatan REIT invests in properties exceeding 65,000 meters and aims to achieve regular income and long-term capital growth by investing in rental properties mainly in the storage sector and complying with the instructions for real estate investment funds and the REIT regulation issued by the Capital Market Authority Board.”

For his part, Engineer Ziad Aba Al-Khail, CEO and Managing Director of Al Jazeera Capital, stressed the importance of the REITs“ investment in real estate. <For his part, Mr. Al Hassan emphasized Tadawul's continuous endeavor to develop the market with the support of the CMA to attract more listings in the market. Mr. Al Hassan also praised the efforts exerted by those in charge of ”Al Jazeera Mawtan REIT“ at Al Jazeera Capital.

Engineer Al Hassan also praised the efforts made by those in charge of Al Jazeera Capital.