SICO Saudi REIT Fund announces an Addendum Announcement regarding Addendum Announcement from SICO Capital Company Regarding the Occurrence of a Specific Event for SICO Saudi REIT Fund

06/02/2023

SICO Following the announcement of SICO Capital, Fund Manager of SICO Saudi REIT Fund, dated 17 Sha’ban 1443 corresponding to 20 March 2022, that is published on the Fund Manager’s website, as well as on the Saudi Exchange website regarding signing of an agreement to acquire a new property for the Fund.

The Fund Manager announces the revocation of the above-mentioned agreement due to the unwillingness of the property owners to extend the agreement’s period, whereas the extension of the agreement’s period is crucial in order for the Fund Manager to fulfill all the acquisition’s conditions in a complete and compliant manner.  Read more