Introduction:

 

Al Wasatah Al Maliah (Wasatah Capital) announces 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:

 

Net Assets :157,165,779 SAR.

 

Total Expenses and Fees: 6,375,140 SAR.

 

Net Profit/(Loss) : 13,615,779 SAR.

 

Number of the Outstanding Units : 15,000,000 units.

 

Net asset value for the unit 10.48 SAR.

 

Revenue of the period %   9.08 %.

 

Fund's Annual Report 

 

Additional Information

  • This Audited annual financial statement represents the period since fund inception in 30 November 2022 to 31 December 2023.
  • Net asset value using the fair value method based on real estate valuation at the end of 2023: 170,427,602 Saudi riyals.
  • Net asset value of the unit using the fair value method at the end of 2023: 11.36 Saudi riyals.
  • The revenue of the period was calculated by dividing the net profit for the period by the net assets at the beginning of the period (Fund's inception in 30 November 2022).