Assets Management

Alwaha REIT fund is a publicly offered closed-ended Sharia-compliant real estate investment traded fund created in accordance with applicable Saudi laws and regulations and is regulated by Capital Market Authority (CMA), the fund aims to achieve rental proceeds to generate periodic cash dividends distributed semi-annually.
 
For a copy of Alwaha REIT’s Terms and Conditions, click here.
 
 
Fund Name Alwaha REIT fund
Fund Type A closed-end real estate investment fund traded in the parallel market is compliant with the Sharia standards approved by the Sharia Committee
Fund Period 99 years
Number of fund’s portfolio properties during IPO period 12 properties
Fund size during IPO (maximum limit)  15,000,000 SAR
Fund size during IPO (minimum limit) 148,633,250 SAR
Number of issued units (Maximum limit) 15,000,000 units
Number of units available for cash subscription (Maximum limit) 3,227,069 units
Value of units available for cash subscription (maximum limit) 32,270,690 SAR
Number of issued units (minimum limit) 14,863,325 units
Number of units available for cash subscription (minimum limit) 3,090,394 units
Value of units available for cash subscription (minimum limit) 30,903,940 SAR
Minimum limit of subscription 500 Saudi Riyals (50 Units)
IPO price 10 Saudi Riyals per Unit
Fund currency Saudi Riyal
Expected returns Year 1  |  Year 2   | Year 3 to 5
7.08%  |  8.38%   | 8.38%