Introduction | Middle East Financial Investment Company (MEFIC Capital) announces an update of the terms and conditions of the MEFIC REIT Fund as of (25/12/1445 H) corresponding to (01/07/2024 G.). A summary of the main updated items are as follows: |
Effective Date of the Update to Fund’s Terms and Conditions | 2024-07-01 Corresponding to 1445-12-25 |
Summary of The Main Updated Items | MEFIC REIT fund signed an annex to the management and operation contract, which includes reducing the operational costs for Plaza 1 property located in Riyadh city with the current operator, ” Sustainable Properties Company “. |
The Updated Terms and Conditions | |