Logo ofAlkhabeer REIT Fund
Alkhabeer Capital, the fund manager of Alkhabeer REIT Fund, announced that the total proceeds from the sale of the “Ahlan Court” property amounted to SAR 85.75 million, according to a statement published today on Tadawul. 
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The company clarified that the total sale amount includes the net sale price of the property, which amounted to SAR 71.75 million, with the buyer bearing the real estate transaction tax and brokerage fees, in addition to SAR 14 million paid by the current tenant in return for terminating the lease agreement before its original expiry date.
According to data compiled by Argaam, Alkhabeer Capital announced on Aug. 3, the completion of the sale of the Ahlan Court property, located in Al-Andalus District, Jeddah, for a net selling price of SAR 71.75 million, following the preliminary approval by the fund’s board of directors on March 19, to accept a purchase offer for one of the fund’s assets.
Logo ofAlkhabeer REIT Fund
Alkhabeer Capital, the fund manager of Alkhabeer REIT Fund, announced that the total proceeds from the sale of the “Ahlan Court” property amounted to SAR 85.75 million, according to a statement published today on Tadawul.
For more news on listed companies
The company clarified that the total sale amount includes the net sale price of the property, which amounted to SAR 71.75 million, with the buyer bearing the real estate transaction tax and brokerage fees, in addition to SAR 14 million paid by the current tenant in return for terminating the lease agreement before its original expiry date.
According to data compiled by Argaam, Alkhabeer Capital announced on Aug. 3, the completion of the sale of the Ahlan Court property, located in Al-Andalus District, Jeddah, for a net selling price of SAR 71.75 million, following the preliminary approval by the fund’s board of directors on March 19, to accept a purchase offer for one of the fund’s assets.
