‎Jadwa REIT Al Haramain raises SAR 75.6M in proceeds from fund exit

‎Jadwa REIT Al Haramain raises SAR 75.6M in proceeds from fund exit ‎Jadwa REIT Al Haramain raises SAR 75.6M in proceeds from fund exit

​‎

Logo ofJadwa REIT Al Haramain Fund

Jadwa Investment Co. announced today, April 9, that it has fully exited its investment in the real estate fund made in 2020 with SAR 50 million through Jadwa REIT Al Haramain Fund.
The company said that during the investment period, total cash proceeds for Jadwa REIT Al Haramain reached SAR 75.58 million, including SAR 11.94 million from the full exit through the sale of remaining units in the secondary market, reflecting a 51% return on investment and an internal rate of return (IRR) of 13.76%.
It added that the transaction provides the fund with high flexibility and strengthens its financial position, as the sale proceeds will be deployed across several strategic options, including acquiring high-quality income-generating real estate assets and partially repaying existing bank facilities to ease the fund’s financial burdens.
The company noted that the financial impact is expected to be generally positive and will be reflected in the fund’s results for the second quarter of 2026.
It confirmed that no related parties were involved in the unit sale and stated it will disclose any further developments in due course.

 

Advertisement

Logo ofJadwa REIT Al Haramain Fund

Jadwa Investment Co. announced today, April 9, that it has fully exited its investment in the real estate fund made in 2020 with SAR 50 million through Jadwa REIT Al Haramain Fund.
The company said that during the investment period, total cash proceeds for Jadwa REIT Al Haramain reached SAR 75.58 million, including SAR 11.94 million from the full exit through the sale of remaining units in the secondary market, reflecting a 51% return on investment and an internal rate of return (IRR) of 13.76%.
It added that the transaction provides the fund with high flexibility and strengthens its financial position, as the sale proceeds will be deployed across several strategic options, including acquiring high-quality income-generating real estate assets and partially repaying existing bank facilities to ease the fund’s financial burdens.
The company noted that the financial impact is expected to be generally positive and will be reflected in the fund’s results for the second quarter of 2026.
It confirmed that no related parties were involved in the unit sale and stated it will disclose any further developments in due course.
Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement