14 Hrs
Source:
معلومات مباشر
Source: معلومات مباشر
14 Hrsمعلومات مباشر
Source: معلومات مباشر
14 HrsReady to play
Ready to play
The board of SEDCO Capital REIT has approved the sale of the Hyper Panda property in Jeddah’s Al Hamdaniyah district for SAR 47 million, excluding real estate transaction tax and additional fees. The sale price is 19.6% above the SAR 39.3 million acquisition cost in 2018, and represents an expected gain of up to 27% over the book value of approximately SAR 37 million. The property has generated SAR 24.07 million in rental income, bringing total proceeds from the investment to around SAR 71 million. The sale proceeds may be used to acquire new assets or repay part of the fund’s bank facilities.
Notice: This Is an AI-Generated Summary
Comments (0)