Saudi Economic and Development Securities Company (SEDCO Capital), in its capacity as the Fund Manager of SEDCO Capital REIT Fund, announces that the cash subscription process in the increasing of the total asset value of the Fund at the upper limit was successfully completed on 12/05/1443H corresponding to 16/12/2021G. The total value of requests amounted to SAR (848) million, where the coverage percentage reached (339.22%), the subscription witnessed the participation of (227,192) individual and institutional investors with a total of (78,231) requests.

The units will be allocated within 15 business days from the closing date of the additional offering period in accordance with the allocation mechanism disclosed in the supplementary annex of the Fund’s terms & conditions.

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