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Alpha1Estates: Makkah-Madinah Real Estate Index underperforms in 2019 as REITs gain
Whilst the Saudi market's major Tadawul All Share Index was up 7.2% in 2019, it was outperformed by the Jadwa REIT Al-Haramain Fund up 8.8%, a far distance ahead of both the Kingdom's real estate index, which was down nearly 3%, and the Ihsan al-Haramain Index, the influential index used…
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Source: Alpha1Estates International