Jabal Real Estate Investment Fund listed on Muscat Stock Exchange

An investor talks on his mobile phone, whilst working on his computer, on the trading floor of the Muscat Securities Market (MSM) in the Commercial Business District of Ruwi in Muscat, October 2, 2007. Stringer, Reuters Image used for illustration purpose.
Reuters Images

The fund's units were offered between 13 and 27 June 2024

Staff Writer, Times of Oman

July 11, 2024

PHOTO
An investor talks on his mobile phone, whilst working on his computer, on the trading floor of the Muscat Securities Market (MSM) in the Commercial Business District of Ruwi in Muscat, October 2, 2007. Stringer, Reuters Image used for illustration purpose.

Muscat: Muscat Stock Exchange (MSX) celebrated the listing of Jabal Real Estate Investment Fund, which boasts a capital portfolio of OMR17.4 million that aims to invest in a variety of real estate assets.

The fund's units were offered between 13 and 27 June 2024. It comprises 174 million units, each valued at 100 baisas. Applications from investors in the first day of subscription exceeded the minimum target capital of the Fund.

Established as a closed-end fund under real estate investment in accordance with MSX regulations, the fund has been carefully structured to meet the needs of investors.

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