Al Rajhi REIT Fund reports SR67.3 mln profits in H1‎

Al Rajhi Capital announces that the interim financial statements of Al Rajhi REIT Fund for the period ending on 30/06/2022 are available to the public. The following is the summary of the interim financial results of the period:

Net Assets:       1,267,831,121 SAR

Total Expenses and Fees:         29,830,107 SAR

Net Profit/(Loss):     67,287,692 SAR

Number of the Outstanding Units: 161,856,857

Net Unit Value for Unit:  8.3 SAR

Revenue of the period %:        3.3 %

Fund’s Interim Financial Statements

Additional Information: Notes related to Financials (additional Information):

• Total Fees & Expenses include an amount in relation to profit on outstanding loan Facility and depreciation expense
• Net Asset Value per Unit: SAR 8.3 (fair value)
• Net Asset Value per Unit: SAR 7.83 (book value)
• Revenue of the period is the percentage of dividend for the period from 1 Jan 2022 to 30 June 2022 at Par Value: 3.3%. Noting that the total dividends for the period 1st Jan 2022 to 30th June 2022 equal to SAR 53,412,762.81.