Al Maather REIT says Al-Rabie leasehold contract expires in 3 months
09/08/2021
Argaam
Logo of Al Maather REIT Fund
Osool & Bakheet Investment Co., the fund manager of Al Maather REIT Fund, announced that the leasehold contract of Al-Rabie leasehold contract, located in Al-Rabie neighborhood on King Abdulaziz road in Riyadh City, ends within three months, on Nov. 5, 2021.
The company said in a bourse statement that the net income of the expiring contract after lease expenses is SAR 471,760, which accounts for 0.9% from the gross fund rent income.
The resulting impact is a significant decrease in the total rent value of the fund by less than 1%, worth SAR 471,760.
Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
AL MAATHER REIT
8.53
(0.04)
(0.47%)
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}