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Wadi Laban Building
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Property Description
Property Details
Category | Apartments,Commercial |
Category | Leasehold Interest |
Location | Riyadh |
Status | Completed |
Operational since | 28-December-2014 |
Completion (%) | 100.00 % |
Built-up Area | 1.65 Thousand (m2) |
Property Manager | Medad Al Khair Real Estate Co. |
Property Owner | AL MAATHER REIT |
Operation Details
Leasable Area | - |
Occupancy (%) | 100.00 % |
No. of Tenants | 4 |
Contract Term | 5 - 10 |
Annual Rent (Million Riyals) | 0.66 |
Annual Yield | 48.64 % |
Valuers
- Valustart
- Arab Real Estate Appraisers
- Saudi Asset Valuation
- White Cubes
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 | 2018 - Second half | 2018 - First half | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Valustart | - | - | - | - | - | - | 2.37 | 2.77 | 2.77 | 2.77 | 2.83 | 2.83 | |
Arab Real Estate Appraisers | - | - | - | - | - | - | 1.44 | 1.87 | 1.18 | 1.44 | 1.42 | 1.62 | |
Saudi Asset Valuation | 1.02 | 1.24 | 1.44 | 1.44 | 1.44 | 1.60 | - | - | - | - | - | - | |
White Cubes | 1.30 | 2.75 | 2.99 | 2.99 | 2.99 | 2.69 | - | - | - | - | - | - | |
Average |
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Acquisition Data
Acquisition Value (M) | 1.38 |
Acquisition Date | 2017 |
Funding | - |
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