Signal · Supplier & Corporate Risk

‎AlJazira REIT renews Jeddah warehouse lease for SAR 1.5M annually

Argaam - Company Disclosures Trade press Published 31st August 2026 Saudi Arabia, UAE

What the source reported

Source-reported

‎<img src="https://argaamplus.s3.amazonaws.com/3f0efcbd-ebf2-4602-9d24-165daaaa05e2.png" > The renewed five-year lease runs from Sept. 1, 2026, through Aug. 31, 2031. <hr> AlJazira Capital renewed the lease agreement for Warehouse No. 1 in Block No. 10 (First Compound), covering an estimated 10,600 square meters, with the existing tenant, Hassan Ali Al-Touri Co. The warehouse, located in Al-Khomrah area of Jeddah and owned by <a href="https://www.argaam.com/en/tadawul/tasi/aljazira-reit" target="_blank">AlJazira REIT Fund</a>, was leased for SAR 1.5 million annually, excluding VAT. In a statement to Tadawul, the fund manager said the lease term is five years, starting Sept. 1, 2026, and ending Aug. 31, 2031. The new lease is expected to have a positive impact on the fund's revenue in 2026, as the rental rate is 3.57% higher than under the previous lease.

Publication: Argaam - Company Disclosures · Stock Exchange/Regulatory Announcements
Published: 31st August 2026
Original report: argaam.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived

Category: Supplier & Corporate Risk
Geography: Saudi Arabia, UAE
Organisations: None identified
Collected: 31st August 2026 · 16:05

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 1 · Low

Confidence 1 · Very Low

Initial Significance Low (16.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Very Low (18.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (12.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor: Procurement Impact
Limiting factor: Geographic Breadth

What the source reported

What ProcIntel recorded

Initial assessment ⓘMore about Initial Signal AssessmentProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.