October 30, 2018 / 10:04 AM / 19 days ago

Saudi Alkhabeer to offer REIT units for public subscription

DUBAI, Oct 30 (Reuters) - Alkhabeer Capital plans to offer units in its REIT fund for public subscription, the Saudi company said in an e-mailed statement on Tuesday.

The Saudi capital market authority earlier this month approved Alkhabeer’s request to list the REIT, or real estate investment trust, units.

Reporting by Maher Chmaytelli; Editing by Kirsten Donovan

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