Logo ofDerayah Financial Co.
Derayah Financial Co., in its capacity as fund manager of Derayah REIT Fund, revealed that the impact of the Smart Tower case will be reflected in the transfer of all existing sublease contracts from the former tenant directly to the fund.
Accordingly, the effect will be reflected in rental income collected, particularly in light of the former tenant’s default on rent payments.
Logo ofDerayah Financial Co.
Derayah Financial Co., in its capacity as fund manager of Derayah REIT Fund, revealed that the impact of the Smart Tower case will be reflected in the transfer of all existing sublease contracts from the former tenant directly to the fund.
Accordingly, the effect will be reflected in rental income collected, particularly in light of the former tenant’s default on rent payments.
