ExplanationElement ListFollowing the announcement by Alinma Investment Company published on 18/12/1445H (corresponding to 24/06/2024), Alinma Investment Company, as the manager of the Alinma Retail REIT Fund, announce the completion of the transfer of property titles related to the transaction.Introduction24/ 06/202 4G Corresponding to 18/12/1445H  Date of the Previous Announcementhttps://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=80942&anCat=1&cs=4345&locale=enHyperlink to the Previous Announcement Amending the sale price of Al Makan Mall in Riyadh from SAR 392 million to SAR 393 million.Change Details The transaction is expected to have a generally positive impact on the fund's performance and cash flows.The Impact Caused by the ChangeWe are pleased to announce the completion of the transfer of ownership of Al Makan Mall in Riyadh in exchange for the transfer of ownership of office buildings in the Al-Yasmeen district of Riyadh (the 'new property'). The transaction resulted in a cash amount owed to the fund of SAR 25 million, representing the difference between the price of Al Makan Mall in Riyadh and the price of the new property (SAR 368 million).It is worth noting that the new property is leased to a government entity for a period of three years, and the fund has received the rent for the first year. Additionally, the fund has received an amount of SAR 20.15 million, representing compensations, part of which relates to the grace period granted to the tenant of the new property, that ends in mid-January 2025.The fund bore the Real Estate Transaction Tax "RETT" for the new property, while the other party bore the Real Estate Transaction Tax "RETT" for Al Makan Mall in Riyadh.   Additional Information