Alramz Real Estate Co.TADAWUL: 4327

Al Ramz Real Estate Signs Agreement To Establish Real Estate Investment Fund

· Issued by Alramz Real Estate Co.

AL RAMZ REAL ESTATE TADAWUL:4327:

  • AGREEMENT TO ESTABLISH A SHARIAH-COMPLIANT REAL ESTATE INVESTMENT FUND, MANAGED BY SNB CAPITAL

  • FUND TO DEVELOP “RABWA ALRAMZ” RESIDENTIAL PROJECT LOCATED IN AL-SAFA DISTRICT

  • TARGET SIZE OF FUND SAR 2.5BLN, WITH ALRAMZ INVESTING AMOUNT OF SAR 105M