Tadawul Announces the Listing NCB Capital “AlAhli REIT Fund (1)”

Thursday, January 04, 2018 at 3:23 PM

Thu Jan 4, 2018 15:23

Tadawul Announces the Listing NCB Capital “AlAhli REIT Fund (1)”

The Saudi Stock Exchange Company (Tadawul) announces the listing and trading units of  “AlAhli REIT Fund (1)” as of Monday 08/01/2018, with the symbol 4338 in the Real Estate Investment Traded Funds (REITs) sector, with a 10% daily price fluctuation limit per unit. According to the Real Estate Investment Traded Funds Instructions announced by the Capital Market Authority (CMA) on Sunday 30/10/2016, the main investment objective of Real Estate Investment Traded Funds – known globally as REITs – is investing in developed real estate that generate rental income. REITs are accessible to all investor segments to buy and sell REITs units in the same method currently used for equities. For more information about “AlAhli REIT Fund (1)” fund please (Click Here) to review the terms and conditions. For more information about Real Estate Investment Traded Funds (REITs), please visit the Knowledge Center page on our website (by clicking here).