MEFIC REIT Fund emblem
The Center East Monetary Funding Firm – MEFIC Capital introduced that the complete proceeds from the sale of the Andalus Constructing property, amounting to 40 million riyals, will probably be used to pay a part of the principal quantity of the prevailing banking services. MEFIC REIT Fund.
In an announcement on Tadawul, it anticipated the monetary impression to be optimistic, noting that there aren’t any events associated to this announcement.
In line with the information obtainable on numbersThe corporate had introduced that, on Thursday, July 24, 2025, it had signed an preliminary settlement (a deposit contract) concerning the will to promote the Al-Andalus Constructing property positioned in Jeddah, at a worth of 40 million riyals (not together with the true property transaction and customs tax).
It just lately introduced that it had accomplished the sale of the Andalus Constructing property positioned in Jeddah for 40 million riyals.
