09:58 AM EDT, 10/07/2026 (MT Newswires) -- Al Aziziah Reit Fund's (SASE:4337) board approved a plan to increase the total value of the fund's assets through the acquisition of usufruct rights for two commercial properties in Riyadh, Saudi Arabia. The fund plans to acquire the properties for a total value of 52 million Saudi riyals, to be funded through the issuance of new units, according to a Wednesday release from fund manager Al Wasatah Al Maliah. Deal closing is subject to approvals from the Saudi Exchange, the Capital Market Authority, the fund's unitholders, and any other relevant regulatory requirements.

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