JEDDAH: SEDCO Capital, a global Shariah-compliant and ethically led asset management and investment Saudi advisory firm, said it has completed the additional offering of SEDCO Capital REIT Fund.
The fund's new offering was oversubscribed by 339 percent, according to a statement.
Through this additional offering, SEDCO Capital is increasing the fund’s total asset value by SR702 million, or 64%, to SR1.80 billion across in-kind and cash subscriptions and additional Shariah-compliant financing, the firm said.
