Saudi Economic and Development Securities Company (SEDCO Capital) announces the results of SEDCO Capital REIT Fund unitholders’ meeting which was held virtually using modern technology and Tadawulaty services at 11 p.m. on Monday 26 / 09 / 1444H corresponding to 17/ 04 / 2023G, as follows:

1. The approval of increasing the total value of the Fund’s assets by SAR 600,000,000 million; by offering additional units to acquire Atelier La Vie income-generating property located in Jeddah.

2. The approval of addendum of the Terms and Conditions of the Fund, which was mainly prepared to reflect the increase in the total assets value of the Fund.to reflect the increase in the total assets value of the Fund.