The family-run business has not yet decided when the IPO will happen but it has made it clear that it will not undertake an IPO until the company has expanded into other countries and has an international presence.
In contrast, the Reit is likely to be set up in the next three or four months and have a portfolio that will include some of Tanmiyat’s residential, office and hotel assets in Saudi Arabia, Turkey and Dubai.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
