News

NCB Capital announces the availability of the annual financial statements of AlAhli REIT Fund (1) for the year ended on 31 December 2018

1
Published: 31 Mar 2019

NCB Capital announces the availability of the annual financial statements of AlAhli REIT Fund (1) for the year ended on 31 December 2018.

The following is a summary of the results for the year ended on 31 December 2018:

 

Net assets at the end of period: SAR 1,396,971 (thousand)

Total fees and expenses for the period: SAR 17,320 (thousand)

Net profit for the period: SAR 66,659 (thousand)

Number of units at end of period: 137,500 (thousand unit)

Net unit value: SAR 10.16

Return for the period: 4.85%

 

Return has been calculated by dividing net profit over the net asset value (NAV) at fund inception.

A copy of the annual audited financial statements can be obtained from the link below:

https://goo.gl/Sp54Nv