Announcement by Middle East Financial Investment Company (MEFIC Capital) regarding an update of the terms and conditions of MEFIC REIT Fund

Element ListExplanation
IntroductionMiddle 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 Conditions2024-07-01 Corresponding to 1445-12-25
Summary of The Main Updated ItemsMEFIC 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