Real Estate - Riyadh, Riyadh Province, Saudi Arabia
Riyad REIT is the First closed-ended Shari ah-compliant real estate investment traded fund. The REIT operates in accordance with Real Estate Investment Funds Regulations and REIT Instructions issued by the CMA. The REIT is listed on Tadawul and units of the REIT shall be on traded on the Tadawul in accordance with its rules and regulations.Riyad REIT fund is your gateway to Real Estate investments, which gives you the chance to explore great opportunities in the local Real Estate market and targets attractive returns to the investor. Conditional income: If they are profitable, REITs are required to distribute a minimum of 90% of the funds net profits annually to its unit holders.Additional investment opportunity and increased diversification.Easy to invest in as REITs are similar to equities.High transparency as REITs must disclose periodical financial statements similar to the other listed equities.