Saudi sovereign wealth fund says JLL to acquire 'significant' stake in FMTECH
Reuters
Dec 15, 2025
Saudi sovereign wealth fund says JLL to acquire 'significant' stake in FMTECH
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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