Bonyan REIT

Bonyan REIT divests Dubai property, posts $74mln in proceeds

Asset had generated $14.64mln in rental income throughout investment period. Bonyan REIT Secures Over SAR 279.9 Million Through Dubai Property Divestment Saudi Arabia’s Bonyan REIT has successfully concluded the sale of a residential property in Dubai, earning an impressive SAR 279.9 million ($74.5 million) in total proceeds. The property, Citywalk 2B, features 69 units and was originally acquired for...

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