Riyad REIT closes at all-time low

26/05/2025 Argaam Exclusive

Units of Riyad REIT Fund tumbled by more than 1% today, May 26, finishing at SAR 5.69 — the lowest close since listing on the Main Market (TASI).

 

The fund’s units recorded an intraday low of SAR 5.67.

Year High (SAR) Year Low (SAR)
7.47 5.67
Highest Since Debut (SAR) Lowest Since Debut (SAR)
16.55 5.67

Since listing in 2016, Riyad REIT has made one capital adjustment in 2018 through an acquisition.

Unit performance

Open 5.15
Low 5.07
High 5.20
Previous Close 5.15
Change (3M) (4.86 %)
Change (6M) (16.83 %)
Market Value 873.94
Avg. Volume (3M) 202,358.95
Avg. Turnover (3M) 1,073,830.79
Avg. Transaction (3M) 514.97
Change(12M) (27.08 %)
YTD (25.15 %)

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2018 Secondary Offering   1,633.00 226.60%
2016 IPO   500.00 -

Financial Performance :

Overview :

The Shariah-compliant real estate investment trust (REIT) was launched in 2015 with a capital of SAR 500 million. The fund is managed by Riyad Capital, the investment arm of Riyad Bank. The fund seeks to generate regular income by investing in diversified real estate assets.


Financial Ratios :

Financial Ratio Current
Number of Units (Million) 171.70
Net Income/Unit ( Riyal) (1.28 )
Funds from operations/Unit ( Riyal) 0.12
Dividend Yield (%) (Last Year) 6.09
Price/book 0.74
Asset Growth (%) (10.09 )
Revenue Growth (%) (6.52 )
Net Income Growth (%) (2906.01 )
Par Value ( Riyal) 9.51


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