Logo of Al Aziziah REIT Fund
Al Wasatah Al Maliah (Wasatah Capital), in its capacity as the fund manager of Al Aziziah REIT Fund, announced that the fund has collected an amount of SAR 2million relating to receivables for the years 2018 and 2019, 
This comes as part of the fund manager’s efforts to follow up and collect the outstanding financial receivables due from Eskan for Development and Investment Co., as a former tenant, the company said, in a statement.
It expects this collection to have a positive impact on the fund’s cash liquidity and financial position. The fund manager will continue taking the necessary actions to collect the remaining outstanding receivables from the company, and any material developments will be disclosed in accordance with the applicable rules and regulations.
Logo of Al Aziziah REIT Fund
Al Wasatah Al Maliah (Wasatah Capital), in its capacity as the fund manager of Al Aziziah REIT Fund, announced that the fund has collected an amount of SAR 2million relating to receivables for the years 2018 and 2019,
This comes as part of the fund manager’s efforts to follow up and collect the outstanding financial receivables due from Eskan for Development and Investment Co., as a former tenant, the company said, in a statement.
It expects this collection to have a positive impact on the fund’s cash liquidity and financial position. The fund manager will continue taking the necessary actions to collect the remaining outstanding receivables from the company, and any material developments will be disclosed in accordance with the applicable rules and regulations.
