Funds from operations (FFO) rose 12% to SAR 5.5 million, or SAR 0.47 per unit, from SAR 4.9 million, or SAR 0.41 per unit, in 2024.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Rental Income | 6.41 | 7.06 | 10.1 % |
| Funds from Operations(FFO) | 4.88 | 5.49 | 12.5 % |
| Net Income | 3.02 | 7.36 | 143.5 % |
| No of shares | 11.80 | 11.80 | - |
| Earnings Per Share before unusual items (Riyals) | 0.26 | 0.62 | 143.5 % |
| Operating EPS (Riyal) | 0.41 | 0.47 | 12.5 % |
| EPS (Riyal) | 0.26 | 0.62 | 143.5 % |
Rental income increased 10%, while the period included a real estate investment impairment of SAR 2.7 million, compared with SAR 1 million in 2024. Fund management and custody fees declined slightly, offsetting a marginal rise in other expenses.
| Item | H2 2024 | H2 2025 | Change |
|---|---|---|---|
| Rental Income | 3.33 | 3.65 | 9.5 % |
| Funds from Operations(FFO) | 2.56 | 2.82 | 10.2 % |
| Net Income | (2.14) | 2.39 | 211.8 % |
| No of shares | 11.80 | 11.80 | - |
| Operating EPS (Riyal) | 0.22 | 0.24 | 10.2 % |
| EPS (Riyal) | (0.18) | 0.20 | 211.8 % |
| Item | H1 2025 | H2 2025 | Change |
|---|---|---|---|
| Rental Income | 3.41 | 3.65 | 7.1 % |
| Funds from Operations(FFO) | 2.68 | 2.82 | 5.2 % |
| Net Income | 4.97 | 2.39 | (51.8 %) |
| No of shares | 11.80 | 11.80 | - |
| Operating EPS (Riyal) | 0.23 | 0.24 | 5.2 % |
| EPS (Riyal) | 0.42 | 0.20 | (51.8 %) |
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Total Assets | 89.01 | 91.38 | 2.7 % |
| Net assets attributable to the Unitholders Item | 86.31 | 88.60 | 2.7 % |
| Market value of net assets | 86.31 | 95.67 | 10.8 % |
The fund’s net book value per unit reached SAR 7.51, while the market value of assets per unit amounted to SAR 8.11.
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