Investor Awareness

10/08/2023
Announcement by Al Rajhi Capital for providing the public with the interim financial statements of Al Rajhi REIT Fund for the period ending on 30/06/2023
 
Al Rajhi Capital announces that the interim financial statements of Al Rajhi REIT Fund for the period ending on 30/06/2023 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 1,186,858,074
  • Total Fees & Expenses for the period: SAR (61,802,566)
  • Net Profit (loss) for the period: SAR 4,007,797
  • No. of outstanding Units at end of the period: 161,856,857 units
  • Net Asset Value per Unit: SAR 7.75 (fair value)
  • Revenue of the period: 2.7%
 
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 7.75  (fair value)
  • Net Asset Value per Unit: SAR 7.33  (book value)
  • Revenue of the period is the percentage of dividend for the period from 1 Jan 2023 to 30 June 2023 at Par Value: 2.7%. Noting that the total dividends for the period 1st Jan 2023 to 30th June 2023 equal to SAR 43,701,351.39
  • Impairment on investment properties: SAR 19,127,891
 
Fund’s Interim Financial Statement Click Here