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Restaurant building in Jeddah , Obhur
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Property Description
Property Details
Category | Commercial |
Category | Ownership deeds |
Location | Jeddah |
Status | Completed |
Operational since | 2018 |
Completion (%) | 100.00 % |
Built-up Area | 180.06 (m2) |
Property Manager | Property & Facility Management Co. |
Property Owner | MULKIA REIT |
Operation Details
Leasable Area | - |
Occupancy (%) | 100.00 % |
No. of Tenants | 1 |
Contract Term | 17 |
Annual Rent (Million Riyals) | 0.46 |
Annual Yield | 7.50 % |
Valuers
- Estnad
- Valley and partner real estate appraisal
- Barcode
Property Evaluation (M)
Valuers | 2023 - Second half | 2023 - First half | 2022 - Second half | 2022 - First half | 2021 - Second half | 2021 - First half | 2020 - Second half | 2020 - First half | 2019 - Second half | 2019 - First half | |
---|---|---|---|---|---|---|---|---|---|---|---|
Estnad | - | 7.20 | 6.60 | 6.60 | 6.80 | 7.65 | 7.65 | 7.65 | 7.65 | 7.85 | |
Valley and partner real estate appraisal | 6.68 | 6.24 | 6.29 | 8.41 | 6.07 | 7.44 | 7.44 | 7.44 | 7.44 | 7.44 | |
Barcode | 7.50 | - | - | - | - | - | - | - | - | - | |
Average |
Similar Properties
Acquisition Data
Acquisition Value (M) | 7.34 |
Acquisition Date | 7-June-2018 |
Funding | - |
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