Middle East Financial Investment Company - Souq Sharq Fund

Souq Sharq Fund

 

  •  Fund name: Souq Sharq
  •  Fund Type: Private
  •  Sector: Retail
  •  Fund’s assets name: Souq Sharq
  • Opening year: April 2011
  • Acquisition stake: 100%
  • Ownership: Leasehold interest
  • Launch date of fund: December 2014
  • Fund Durations: 15 years, extendable by 1 year
  • Fund Size: 180 millions

 

Souq Sharq comprises a retail plaza providing a total leasable area of 68,058.01 sqm. There are 21 buildings, with a height of G/G+M. The Property is occupied by furniture showrooms except for Dr. Cafe drive through coffee shop along the Eastern Ring Road west of Building K. Souq Sharq is located in the Jazirah district of Riyadh, Saudi Arabia. The property is located on the Eastern Ring Road Road in proximity to exit 17 – Al Madinah Al Moanaorah Road, IKEA, and Outlet Mall.

 

 

 

 

 

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