The Capital Market Authority announces the Approval of Real Estate Investment Traded Fund "Riyad REIT"

​The CMA Board has issued its resolution on 08/02/1438H corresponding 08/11/2016G approving  Riyad Capital request to register and list Riyad REIT's units on the Saudi Stock Exchange (Tadawul) as real estate investment traded fund.

The Riyad REIT's terms and conditions (T&C) shall be available in the fund manager’s website and the Saudi Stock Exchange's (Tadawul) website. The T&Cs include all relevant information that the investor needs to know before making an investment decision.

An investment decision without reading the T&C carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the T&C, which includes detailed information on the Riyad REIT's strategy, objectives and risk factors. Thus, providing potential investors the ability to evaluate the viability of investing in the Riyad REIT, taking into consideration the associated risks. If the T&C proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.

The CMA’s Board approval to register and list Riyad REIT's units as real estate investment traded fund should never be considered as a recommendation to invest in it. The Board's approval of the Riyad REIT merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.