Al Rajhi Capital announced the acquisition of two properties by Al Rajhi REIT Fund. The two properties were Rowad AlKhaleej International School located in Riyadh and Baraem Rowad Al Khaleej Kindergarten located in Riyadh by Al Rajhi REIT Fund which is part of the approved process of increasing the total value of the Fund's assets. The purchase price of Rowad AlKhaleej International School is SAR 210 million. The purchase price is partly paid through issuance of 11,685,867 in-kind units and balance by cash. The subject site comprises a regular shaped piece of land measuring 15,959.90 sqm, with a total built-up area of 39,028 sqm.