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 6 p.m. on Thursday 27 / 04 / 1443H corresponding to 02 / 12 / 2021G, as follows:

 

  1. The approval of increasing the total value of the Fund’s assets by SAR 701,951,750 million; by offering additional units to acquire additional real estate assets from SEDCO Capital Real Estate Income Fund II and to pay the related expenses and costs.
  2. The approval of addendum of the Terms and Conditions of the Fund, which is mainly to reflect the increase in the total assets value of the Fund.