Announcement by Al Rajhi Capital for providing the public
with the interim financial statements of Al Rajhi REIT Fund for the period ending on
30/06/2024
Al Rajhi Capital announces that the interim financial
statements of Al Rajhi REIT Fund for the period ending on 30/06/2024 are available to
the public. The following is the summary of the interim financial results of the
period:
- Net Asset Value at end of the period: SAR 2,209,525,756
- Total Fees & Expenses for the period: SAR (67,125,992)
- Net Profit (loss) for the period: SAR 71,578,289
- No. of outstanding Units at end of the period: 275,607,498 units
- Net Asset Value per Unit: SAR 8.46 (fair value)
- Revenue of the period: 2.65%
Notes related to Financials:
- Total Fees & Expenses include an amount in relation to profit on outstanding
loan Facility and depreciation expense of real estate investments
- Net Asset Value per Unit: SAR 8.46 (fair
value)
- Net Asset Value per Unit: SAR 8.02 (book
value)
- Revenue of the period is the percentage of dividend for the period from 1 Jan
2024to 30 June 2024at Par Value:
2.65.7%. Noting that the total
dividends for the period 1st Jan 2024 to 30th June
2024 equal to SAR 73,035,986.97.
- Impairment on investment properties: SAR 19,670,802.
