JADWA REIT SAUDI FUND 4342.SE :
* JADWA INVESTMENT ACQUIRES EDUCATIONAL PROPERTY IN RIYADH BY JADWA REIT SAUDI FUND FOR 25.7 MILLION RIYALS
* ACQUISITION WILL BE FINANCED THROUGH EXISTING SHARIAH-COMPLIANT CREDIT-LINE FACILITY OBTAINED FROM BANQUE SAUDI FRANCI
* SAYS PROPERTY IS LEASED TO RAWD ALJINAN PRIVATE SCHOOL FOR 2.5 MILLION RIYALS PER YEAR
* SAYS IT IS EXPECTED THAT RESULT OF ACQUISITION WILL BE POSITIVE ON REIT’S FINANCIAL PERFORMANCE WITHIN FIRST QUARTER OF 2019
Source: (https://bit.ly/2G35hDv) Further company coverage: 4342.SE
((Reuters.Briefs@thomsonreuters.com;))
