Sign In
×
Salama Tower - Jeddah
Back
Property Description
Property Details
Category | Commercial,Offices |
Category | Ownership deeds |
Location | Jeddah |
Status | Completed |
Operational since | 2013 |
Completion (%) | 100.00 % |
Built-up Area | 56.98 Thousand (m2) |
Property Manager | Jabal Edsas Company |
Property Owner | ALAHLI REIT 1 |
Operation Details
Leasable Area | 29.92 Thousand (m2) |
Occupancy (%) | 100.00 % |
No. of Tenants | 1 |
Contract Term | 5 |
Annual Rent (Million Riyals) | 23.10 |
Annual Yield | 8.50 % |
Valuers
- Valustart
- Knight Frank
- Deloitte -UK
- Esnad
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 | |
---|---|---|---|---|---|---|---|---|---|---|
Valustart | - | - | 246.00 | 250.00 | 258.40 | 258.40 | 258.40 | 264.00 | 264.00 | |
Knight Frank | - | - | 242.82 | 246.00 | 240.00 | 243.10 | 244.00 | 243.70 | 253.86 | |
Deloitte -UK | 273.00 | 274.00 | - | - | - | - | - | - | - | |
Esnad | 272.59 | 267.39 | - | - | - | - | - | - | - | |
Average |
Acquisition Data
Acquisition Value (M) | 255.00 |
Acquisition Date | 4-August-2019 |
Funding | Borrowing / Loans |
Call Request