On June 29, 2026, SEDCO Capital announced that the SEDCO Capital REIT Fund's Board of Directors approved signing a Memorandum of Understanding to acquire an office tower in Al Yasmin District, Riyadh for SAR 707 million. The property spans 99,223 square meters and includes a three-year mandatory leaseback arrangement generating approximately SAR 69 million in annual rental income, representing a 9.8% yield on acquisition value. The transaction is subject to regulatory approvals, completion of due diligence, and an increase in the Fund's total asset value through additional unit offerings. SEDCO Capital expects the acquisition to positively impact the Fund's portfolio performance and future financial results upon completion.

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