REIT-Announcement

Announcement by Al Rajhi Capital that Al Rajhi REIT Fund's annual reports, including the annual audited financial statements, for the period ended on 31/12/2022 are available to the public
Al Rajhi Capital announces that Al Rajhi REIT Fund's annual reports, including the annual audited financial statements, for the period ended on 31/12/2022 are available to the public:

 

  • Net Asset Value at end of the period: SAR 1,260,541,568
  • Total Fees & Expenses for the period: SAR 76,259,893
  • Net Profit (loss) for the period: SAR 113,410,901
  • No. of outstanding Units at end of the period: 161,856,857 units
  • Net Asset Value per Unit: SAR 8.33 (fair value)
  • Revenue of the period: 6.6%
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 113,640,540
  • Total Asset: 2,186,582,095
  • Total dividends is the dividends amount for the period 1st Jan 2022 to 31st Dec 2022
  • Total Dividends: SAR 106,825,526
  • Total Income: SAR 159,965,892
  • Impairment on investment properties: SAR 29,704,902
  • The return for the period was calculated by Annualized Dividend Yield at Par Value for the period
  • The return of total income to total asset: 7.31%
  • Net Asset Value per Unit: SAR 7.79 (book value)
  • Net Asset Value per Unit: SAR 8.33 (fair value)
For Al Rajhi REIT Fund's annual report, including the annual audited financial statements, please Click Here