Article 47(a): Conditions for Offering REITs
As published by the Capital Market Authority and read from the source by the regulation watch; reproduced verbatim, with attribution and a link to the source.
a) The following conditions must be satisfied when applying:
1) The fund type: the REIT fund must be a closed-ended fund.
2) The minimum requirement for establishment: the fund's total assets value must be 500 million Saudi Riyals at least, upon establishment, to offer its units in the Main Market, and not less than (100) million Saudi riyals to offer its units in the Parallel Market.
3) The nominal value per unit: the nominal value per unit must be (10) Saudi Riyals.
4) Subscription fees: public unitholders may only subscribe by way of cash contributions.
5) Subscription limit: the minimum subscription must not exceed (1000) units per unitholder.
Text read on · 0a21c657c79f
History
Each time the regulation watch read the source and found these words changed, the earlier text was kept. Removed words are struck through, added words underlined.
No amendment has been seen since the platform first read these words on 2026-09-14.
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Source
The text is the Authority's, reproduced with attribution. The link opens the published document.
- Published at
- CMA — Real Estate Investment Funds Regulations (English)Edition 11/2025
- Last read
- first read
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