Investor Awareness

 

Al Rajhi Capital announces the availability of the annual audited financial statements of Al Rajhi REIT Fund for the year ended 31/12/2020. Following is the summary of the financial results:

 

• Net Asset Value at end of the period: SAR 1,511,581,047
• Total Income: SAR 170,366,698
• Total Fees & Expenses for the period: SAR 93,014,164
• Impairment on investment properties: SAR 64,900,754
• Net Profit for the period: SAR 12,451,780
• No. of Units at end of the period: 161,856,857 units
• Net Asset Value per Unit: SAR 9.34 (book value)
• Net Asset Value per Unit: SAR 9.75 (fair value)
• Annualized Dividend Yield at Par Value for the period: 5.6%
• Total Dividends: SAR 90,639,840

 

 

Notes related to Financials:

 

• Total Fees & Expenses include an amount in relation to profit on outstanding loan Facility and depreciation expense
• Funds from Operations (FFO) amounts to SAR 106,566,513
• Total dividends paid is the amount paid for the period 1st Jan 2020 to 31st Dec 2020

 

For financial statement of Al Rajhi REIT Fund, please Click Here