Al Rajhi Capital announces the availability of the annual audited financial statements of Al Rajhi REIT Fund for the year ended 31/12/2020
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
