Al Khaleej Training, ANB Invest extend MoU to establish REIT
06/12/2017
Argaam
Al Khaleej Training and Education has extended its memorandum of understanding (MoU) with ANB Invest until Jan. 5, 2018, the company said in a statement to Tadawul.
The MoU, which was supposed to expire on Dec. 5, was aimed at setting up a Real Estate Investment Traded Fund (REIT).
The REIT is expected to focus on the education sector by constructing or purchasing educational buildings.
Under the MoU, Al Khaleej Training plans to move its six existing properties to the new REIT fund, including the company’s Riyadh headquarters, three schools. and two training centers.
Market Indices
TASI
10,878.46
13.89
0.13 %
Quotes
ALKHALEEJ TRNG
13.38
(0.27)
(1.98%)
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}}