المدونة

Also, the applicant must begin offering and issuing public fund units within twelve months from the date of the Authority’s decision to approve the application, or approve the application with the conditions and restrictions it deems appropriate. If the applicant does not do so within the specified period, the Authority’s approval will be considered void. .

The Real Estate Investment Fund in the Kingdom of Saudi Arabia is a joint real estate investment program that aims to provide the opportunity for its investors to collectively participate in the profits of the program, and is managed by the fund manager in exchange for a specific fee. It is also known as the Real Estate Investment Traded Fund.