Alwaha REIT Signs SAR 296,604 Lease with Related Party
ALWAHA REIT 9300.SA | 0.00 |
Al Wasatah Al Maliah (Wasatah Capital), as fund manager of Al Waha REIT Fund, announced on May 20, 2026 the signing of a lease contract with related party Shumou Food Trading Company. The one-year lease agreement for Showroom No. 2 in the Shahad Offices and Showrooms Building runs until May 2027 for a total amount of 296,604.00 Saudi Riyals excluding VAT, representing 1.31% of the Fund's total revenues based on 2025 audited financial statements. The company stated the event will have no impact on the fund's operations.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95577&anCat=1&cs=9300&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
