Element List	Explanation
Introduction	Ayyan Investment Company announces the signing of a terms and conditions agreement with Al-Rajhi capital Company to establish a real estate private fund. The fund aims to invest in the real estate sector through income-generating assets by developing a mixed-use project in the Al-Janadriyah district of Riyadh with a total area of 83,446 square meters. The fund's target value is approximately SR 500 million. The fund will own the land and develop the superstructure through a real estate project that includes commercial and residential spaces.
Previous Announcement	Ayyan Investment company announces the signing of a non-binding memorandum of understanding to establish a real estate private fund with Al Rajhi Capital and Sumou Holding company
Date of Previous Announcement on Saudi Exchange’s Website	2025-02-17 Corresponding to 1446-08-18
Hyperlink to the Previous Announcement on the Saudi Exchange Website	Click Here
Latest Developments Of The Announced Event	Ayyan Investment Company announces its participation in the establishment of a private closed real estate fund With an in-kind share through the fund's acquisition of the company's land with a total area of 83,446 square meters.
Reasons For The Delay on The Date of The Event Previously Announced	Not applicable.
The costs associated with the event, and if they have changed or not with indication of the reasons.	Not applicable.
Delay consequences on the Company’s financial results	Not applicable.