Announcements
Jadwa Investment Announces Obtaining Jadwa REIT Saudi Fund a Shariah Compliant Facility from Banque Saudi Fransi
Tue, 02 October 2018
The purpose of the obtained Facility is to finance the REIT Fund new acquisitions of income-generating properties that located within the Kingdom main cities excluding Makkah and Madinah; while ensuring a diversified assets classes exposure that is in line with the Fund's investment strategy, which shall reflect positively on the fund's net income and cash dividends due to the difference between the income generated from acquired properties and the financing cost