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Alkhabeer Capital launches IPO of real estate investment fund on Tadawul
Alkhabeer Capital launched the initial public offering (IPO) of its Shari’ah compliant real estate investment fund on the Saudi Stock Exchange (Tadawul). Alkhabeer REIT (real estate investment trust) fund, with assets in excess of SAR1 billion ($267m), launched a SAR237 million ($62m) IPO, equating to 24% of total fund assets.
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Click here to read the full story: Arabian Business