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