AI Summary
Logo of Alistithmar AREIC Diversified REIT Fund
Alistithmar AREIC Diversified REIT Fund reported net profit of SAR 2.2 million (SAR 0.04 per unit) for the first half of 2025. There are no comparative figures as the fund debuted on Sept. 4, 2024.
Funds from operations (FFO) amounted to SAR 17.3 million (SAR 0.28 per unit) during this period.
Financial Results (SAR mln)
|
H1 2025 |
Item |
|
60.2 |
Rental Income |
|
17.3 |
FFO |
|
2.2 |
Net Income |
|
60.5 |
Number of Units |
|
0.04 |
EPS before one-off items (SAR) |
|
0.29 |
FFO per Unit (SAR) |
|
0.04 |
Profit per Unit (SAR) |
The fund recorded rental income of SAR 60.2 million and management fees of SAR 4.7 million, in addition to depreciation of real estate investments at SAR 16.5 million.
Balance Sheet (SAR mln)
|
H1 2025 |
Item |
|
1216.55 |
Assets |
|
632.02 |
Loans |
|
562.2 |
Net Assets Attributable to Unitholders |
|
717.52 |
Net Assets by Market Value |
Net asset value (NAV) stood at SAR 562.2 million as of June 30, 2025, while net book value per unit reached SAR 9.3.
Net asset value (NAV) stood at SAR 717.5 million as of June 30, 2025, while net book value per unit reached SAR 11.9.
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