SEDCO CAPITAL REIT FUND TADAWUL:4344:
BOARD APPROVES SIGNING OF MOU TO ACQUIRE AN OFFICE TOWER LOCATED IN AL YASMIN DISTRICT, RIYADH
EXPECTED TRANSACTION VALUE: SAR 707 MILLION
SELLER COMMITTED TO A MANDATORY LEASEBACK FOR A PERIOD OF THREE YEARS,
PROPERTY GENERATING AN ANNUAL RENTAL INCOME OF ABOUT SAR 69 MILLION