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%

 

+ Reit News
   

 April 29, 2024

Announcement by Wasatah Capital that the Zakat report of Alwaha REIT fund for the year 2023 was uploaded the website of Zakat, Tax and Customs authority

April 4, 2024
Announcement by Wasatah Capital the availability of the quarterly statement of Alwaha REIT Fund for the period ending on 31/03/2024
March 28, 2024
Announcement by Al Wasatah Al Maliah (Wasatah Capital) that AlWaha REIT fund annual reports, including the annual audited financial statements, for the period ended on 31 December 2023 are available to the public
March 3, 2024
Wasatah Capital announces an addendum announcement regarding cash dividend distributions announcement to the Unitholders of Alwaha REIT Fund
Feb 15, 2024
Announcement by Wasatah Capital regarding the distributions of Fund’s dividends to the Unitholders of Alwaha REIT Fund
Jan 11, 2024
Announcement by AL Wasatah Al Maliah (Wasatah Capital) for the availability of the semiannual valuation reports of the assets of AlWaha REIT fund for the period ending 31 December 2023.
Jan 11, 2024
Announcement by Wasatah Capital the availability of the quarterly statement of Alwaha REIT Fund for the period ending on 31/12/2023
Jan 11, 2024
Announcement by AL Wasatah Al Maliah (Wasatah Capital) regarding an update of the terms and conditions of AlWaha REIT fund
Oct 09, 2023
Announcement by Wasatah Capital the availability of the quarterly statement of Alwaha REIT Fund for the period ending on 30/09/2023
Oct 08, 2023
Announcement by AL Wasatah Al Maliah (Wasatah Capital) regarding an update of the terms and conditions of AlWaha REIT fund
Aug 14, 2023
Announcement by AL Wasatah Al Maliah (Wasatah Capital) for providing the public with the interim financial statements of AlWaha REIT fund for the period ending on (30-06-2023)
July 26, 2023
Wasatah Capital announces an addendum announcement regarding cash dividend distributions announcement to the Unitholders of Alwaha REIT Fund
July 16, 2023
Announcement by AL Wasatah Al Maliah (Wasatah Capital) for the availability of the semiannual valuation reports of the assets of AlWaha REIT fund for the period ending 30 June 2023.
July 13, 2023
Announcement by Wasatah Capital regarding the distributions of Fund’s dividends to the Unitholders of Alwaha REIT Fund
July 12, 2023
Announcement by Wasatah Capital the availability of the quarterly statement of Alwaha REIT Fund for the period ending on 30/06/2023
April 13, 2023
Announcement by Wasatah Capital the availability of the quarterly statement of Alwaha REIT Fund for the period ending on 31/03/2023
February 15, 2023
Announcement by AL Wasatah Al Maliah (Wasatah Capital) regarding an update of the terms and conditions of AlWaha REIT fund
February 07, 2023
Announcement by AL Wasatah Al Maliah (Wasatah Capital) regarding a change of the membership of the Board of Directors of Alwaha REIT Fund
January 11, 2023
Announcement by AL Wasatah Al Maliah (Wasatah Capital) the availability of the quarterly statement of Alwaha REIT Fund for the period ending on 31/12/2022
November 29, 2022
Wasatah Capital announces the date of listing and trading of Alwaha REIT fund units
October 24  2022
Wasatah Capital Announces the Availability of the Interim Financial Statements of Alwaha REIT for the Period Ended on 30 June 2022 to the Public
October 24 2022
Wasatah Capital Announces the Availability of the Interim Financial Statements of Alwaha REIT for the Period Ended on 30 June 2022 to the Public
October 20, 2022
Wasatah Capital announces the results of Alwaha REIT fund’s Initial Public Offering (IPO)
October 20, 2022
Wasatah Capital announces the results of Alwaha REIT fund’s allocation of units
September 29, 2022
Wasatah Capital announces the date of IPO and subscriptions of Alwaha REIT fund