MEFIC REIT Fund Updates Terms, Signs Property Management Deal

MEFIC REIT

MEFIC REIT

4346.SA

0.00

On August 11, 2026, Middle East Financial Investment Company (MEFIC Capital) announced an update to the terms and conditions of the MEFIC REIT Fund, effective July 28, 2026. The update reflects the signing of a management and operation agreement between the MEFIC REIT Fund and Dur al Osool Real Estate Services Company to manage and operate the Dhiyafa and Souq Sharq properties. The contract is set for a one-year term, subject to renewal.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97483&anCat=1&cs=4346&locale=ar

Attached PDF document link:

https://www.saudiexchange.sa/Resources/fsPdf/29075_1301_2026-08-10_16-36-29_en.pdf

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important 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.