Logo ofJadwa REIT Al Haramain Fund
Jadwa Investment, manager of Jadwa REIT Al Haramain Fund, said it has started evacuation and demolition procedures for a retail building on a fund-owned property in Al Misfalah, Makkah. 
In a Tadawul filing, the company said the asset accounts for about 4% of the fund’s total portfolio value and 4% of its revenues as of Dec. 31, 2025, with annual rental income of SAR 2 million.
It said the financial impact cannot be precisely determined at this stage, but is expected to be negative. However, given the asset’s small share of the portfolio and revenues, the overall impact at fund level is expected to be limited.
The manager said it will take all necessary steps to protect the fund’s and unitholders’ rights, and will disclose any material developments when they arise.
The move follows notices from the Holy Makkah Municipality regarding properties in Al Misfalah, along with regulatory procedures for evacuation and demolition of several buildings in the district.
Logo ofJadwa REIT Al Haramain Fund
Jadwa Investment, manager of Jadwa REIT Al Haramain Fund, said it has started evacuation and demolition procedures for a retail building on a fund-owned property in Al Misfalah, Makkah.
In a Tadawul filing, the company said the asset accounts for about 4% of the fund’s total portfolio value and 4% of its revenues as of Dec. 31, 2025, with annual rental income of SAR 2 million.
It said the financial impact cannot be precisely determined at this stage, but is expected to be negative. However, given the asset’s small share of the portfolio and revenues, the overall impact at fund level is expected to be limited.
The manager said it will take all necessary steps to protect the fund’s and unitholders’ rights, and will disclose any material developments when they arise.
The move follows notices from the Holy Makkah Municipality regarding properties in Al Misfalah, along with regulatory procedures for evacuation and demolition of several buildings in the district.
