RIYADH: Al Rajhi Capital has announced the acquisition of Oasis mall in Al Kharj Governance by Al Rajhi REIT Fund for SR93 million ($25 million).
The amount was funded through a Shariah-compliant debt facility from Al Rajhi Bank, the Riyadh-based asset manager said in a bourse statement.
The transaction is anticipated to reflect positively on Al Rajhi REIT’s financial performance.
