NCB Capital Company Announces the Availability of the Annual Financial Report of AlAhli REIT Fund (1) for 2019

Published: 16 Mar 2020
Introduction NCB Capital Company announces the availability of the annual financial statements of AlAhli REIT Fund (1) for the year ended on 31 December 2019.The following is a summary of the results for the year ended on 31 December 2019:
Net Assets at the End of the Period SAR 1,367,621 (thousand)
Total Expenses and Fees for the Year/Period SAR 18,484 (thousand)
Net Profit/(Loss) for the Year/Period SAR 60,025 (thousand)
Number of the Outstanding Units at the End of Year/Period 137500000
Net Unit Value 9.95
Return for the Period 4.3 %
Hyperlink to Financial Statements Attached Below
Additional Information NAV per unit (using fair value): SAR 10.16Return 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 through the following link: