RIYADH: Al Rajhi Capital has announced the acquisition of Oasis mall in Al Kharj Governance by Al Rajhi REIT Fund for SR93 million ($25 million).

The amount was funded through a Shariah-compliant debt facility from Al Rajhi Bank, the Riyadh-based asset manager said in a bourse statement.

The transaction is anticipated to reflect positively on Al Rajhi REIT’s financial performance.

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