Riyad REIT has invested SAR 60 million in a U.S. office building on land area of 14,892 square meters (plus approximately 1,394 parking spaces) and net leasable area of 39,867 square meters located in Conshohocken (Philadelphia MSA), Pennsylvania, United States of America. The Property is AmerisourceBergen Global HQ, a Class A office which is the headquarters of one of the largest global companies in the world. AmerisourceBergen, is an investment-grade tenant that is ranked no. 8 on Fortune 500. The Company is also one of the largest pharmaceutical distributors in the world handling over 30% of the world-s pharmaceuticals and generating revenues of nearly $190 billion. This is an essential sector, especially in the post-COVID era that requires significant distribution of pharmaceutical products and vaccines. The Property is located in close proximity to many entertainment and activity destinations including King of Prussia Mall (the third largest mall in the US), Gulph Mills Golf Club and other destinations. The immediate area also includes major companies such as, Amazon, UBS, Mercyhealth, Oracle, Morgan Stanley, Credit Suisse and other large corporations.