Saudi sovereign wealth fund says JLL to acquire 'significant' stake in FMTECH

Reuters

2025/12/15

CAIRO, Dec 15 (Reuters) - Saudi Arabia's public wealth fund PIF said on Monday that Global real estate firm Jones Lang LaSalle JLL.N is set to acquire a significant stake in its subsidiary Saudi Facility Management Company (FMTECH).

The PIF will maintain a majority stake in FMTECH, it said.

(Reporting by Jaidaa Taha and Menna Alaa ElDinEditing by Tomasz Janowski)

((Jaidaa.Ahmad@thomsonreuters.com;))

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