MEFIC REIT declares the completion of the sale of the Andalus constructing in Jeddah for 40 million riyals

  MEFIC REIT announces the completion of the sale of the Andalus building in Jeddah for 40 million riyals

MEFIC REIT Fund brand


Center East Monetary Funding Firm introduced – MEFIC Capital In her capability as supervisor, immediately she accomplished the sale of the Andalus Constructing property positioned in Jeddah for 40 million riyals.


The corporate added in a press release on Tadawul that each one regulatory procedures have been accomplished, the complete value has been obtained, and possession of the property has been transferred to the customer, anticipating the monetary influence of the deal to be constructive.


It indicated that there are not any events associated to this announcement.


In response to information numbersThe corporate had introduced that, on Thursday, July 24, 2025, it had signed an preliminary settlement (a deposit contract) relating to the will to promote the Al-Andalus Constructing property positioned in Jeddah, at a price of 40 million riyals (not together with the actual property transaction and customs tax).

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