Via Matthew Martin and Nicolas Parasie in bloomberg.com: Saudi Arabia’s main finance district — almost three times the size of London’s Canary Wharf — is looking to raise about $700 million from equity investors to fund further development of its Riyadh real estate complex. The King Abdullah Financial District, or KAFD, is planning to raise the money by putting some of its income-generating buildings into a real estate investment trust and offering a stake to investors through a listing on the Saudi stock exchange, according to people familiar with the matter.
