Announcements
Addendum Announcement from Jadwa Investment Company Regarding Jadwa REIT Saudi Fund
Wed, 14 September 2022
Following the announcement of Jadwa Investment Company published on (28/12/1443H) corresponding to (27/07/2022G) regarding the signing of sale and purchase agreement for Al Fanar complex the commercial part only (the “property”) located in in Khobar, Jadwa Investment Company would like announce the completion of the sale process and transferring the title deed of the property to the buyer after fulfilling sale and purchase agreement terms and receiving the sale proceeds to the fund
It is expected that the impact will be positive on the fund as the financial impact of the sale will be included in the company's financial statements for the second half of this year 2022.