Real estate investment trusts drive market growth in Saudi Arabia | ZAWYA MENA Edition:
"The boom in real estate investment trusts – or REITs – listed on the Kingdom’s stock exchange will be explored at an exclusive executive briefing ahead of Euromoney Saudi Arabia Conference, taking place this May.
Since the Tadawul market was opened to REITs in 2016, there have been multiple listings in the Kingdom of Saudi Arabia, as well as in the UAE and Bahrain. With new listings planned in 2018 – including the possibility of a REIT from Kingdom Holding Company – investors within the Kingdom and globally are watching this sector closely.
The Euromoney Saudi Arabia Conference hosted a sell-out REITs briefing as a pre-conference event last year to introduce delegates to the sector, and this year’s briefing on May 1 will examine the impressive growth over the past 12 months."
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