Riyadh – Mubasher: Jadwa Investment, the fund manager of Jadwa REIT Saudi Fund, signed a management, operation, and leasing contract for the Al Sulay warehousing complex.

The agreement was finalized with Saryed Al Mustaqbal for Real Estate Development and Investment, who will serve as the new operator for the facility.

Under the terms of the agreement, the new operator will be responsible for the leasing, marketing, management, operation, and maintenance supervision of the industrial complex.

The contract carries a duration of three calendar years, with the effective term having commenced on 2 August 2026.

Jadwa Investment confirmed that there are no related parties involved in the appointment of the new operator.

The fund manager expects the financial impact of this new operational structure to be reflected positively in the financial results of Jadwa REIT Saudi starting from the third quarter (Q3) of 2026.

In Q2-26, Jadwa REIT Saudi Fund reported a total real estate portfolio value of SAR 4.27 billion.