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MEFIC REIT Fund Capital/Financing Update 2025

Oct 12, 2025

53456_rns_2025-10-12_61ef7e4a-4849-4b31-8632-789eaba1af91.html

Capital/Financing Update

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MEFIC REIT Fund announces an Addendum Announcement regarding an Addendum Announcement from Middle East Financial Investment Company (MEFIC Capital) Concerning the Occurrence of a Specific Event Related to MEFIC REIT Fund.

4346 · 12/10/2025 15:58:42 · Announcement #90651 · View on Saudi Exchange

MEFIC REIT Fund announces an Addendum Announcement regarding an Addendum Announcement from Middle East Financial Investment Company (MEFIC Capital) Concerning the Occurrence of a Specific Event Related to MEFIC REIT Fund.

4346

MEFIC REIT

0.00 %

1447/04/20     12/10/2025 15:58:42

Element List Explanation
Introduction With reference to the announcement made by Middle East Financial Investment Company (MEFIC Capital), in its capacity as the manager of MEFIC REIT Fund, dated 17/04/1447H (corresponding to 09/10/2025G), regarding an addendum announcement concerning the occurrence of a specific event related to MEFIC REIT Fund.
Date of the Previous Announcement 2025-10-09 Corresponding to 1447-04-17
Hyperlink to the Previous Announcement Click Here
Change Details Further to the announcement by Middle East Financial Investment Company (MEFIC Capital) published on 27/07/2025G, the Fund Manager announces the completion of the sale of the Al-Andalus Building on 09/10/2025G. All regulatory procedures have been finalized, the full payment has been received, and ownership of the property has been transferred to the buyer.

The Fund Manager would also like to clarify that the entire sale proceeds, amounting to forty million (40,000,000) Saudi Riyals, have been used to partially repay the outstanding principal of the Fund’s existing financing facilities. The Impact Caused by the Change The financial impact is expected to be positive. Additional Information There are no related parties involved in this transaction.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.