Tadawul Announces the Listing of Saudi Fransi Capital Company’s “Bonyan REIT”
Sunday, July 22, 2018 at 5:21 PM
Sun Jul 22, 2018 17:21
The Saudi Stock Exchange Company (Tadawul) announces the listing and trading units of “Bonyan REIT” as of Sunday 25/07/2018, with the symbol 4347 in the Real Estate Investment Traded Funds (REITs) sector, with a 10% daily price fluctuation limit per unit.
According to the Real Estate Investment Traded Funds Instructions announced by the Capital Market Authority (CMA) on Sunday 30/10/2016, the main investment objective of Real Estate Investment Traded Funds – known globally as REITs – is investing in developed real estate that generate rental income. REITs are accessible to all investor segments to buy and sell REITs units in the same method currently used for equities.
For more information about “Bonyan REIT” fund please (Click Here) to review the terms and conditions.
For more information about Real Estate Investment Traded Funds (REITs), please visit the Knowledge Center page on our website (by clicking here).