On June 7, 2026, RiyadCapital announced that Riyad REIT Fund successfully completed the sale of a Class A office building in Plano, Texas, which was fully leased to FedEx. The Fund originally invested SAR 45 million in the property during 2020 and received net sale proceeds of SAR 54 million, plus cumulative distributions of approximately SAR 13 million during the holding period. The total proceeds reached SAR 67 million, generating a 48% return on investment, with proceeds intended to enhance liquidity, strengthen existing assets, and reduce the Fund's debt.

Original announcement:

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