Taleem REIT Fund on Tuesday extended its memorandum of understanding (MoU) with Al Rajhi United to acquire an educational property located in Riyadh until March 18, 2018, fund manager, Saudi Fransi Capital, said in a bourse statement.

 

No major change will be made to the terms earlier announced, the statement added.

  

In December, the fund signed a 45-day MoU with Al Rajhi United to buy an educational property located in Al Nuzha district in Riyadh, Argaam reported.

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