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Mulkia Investment Company Announces the Availability of the Annual Financial Statements for Mulkia Gulf Real Estate REIT Fund for the period ending on 31/12/2018 .



Mulkia Investment Company Announces the Availability of the Annual Financial Statements for Mulkia Gulf Real Estate REIT Fund for the period ending on 31/12/2018 as following:
– Net Asset Value as 31/12/2018 is 586,131,983 SAR.

– Total expenses and fees for the period 1/1/2018 – 31/12/2018 is 15,963,216 SAR.

– Total Depreciation and impairment of real estate assets for the period 1/1/2018 – 31/12/2018 is 22,756,901 SAR.

– Net Profit / for the period 1/1/2018 – 31/12/2018 is 17,273,612 SAR.

– Issued Units 60,000,000

– Net Asset Value Per unit 9.77 SAR.

-Net Asset fair value as per Real Estate valuation at the end of the period is 592,346,268 SAR.

-Net Asset Value per unit as fair value at the end of the period is 9.87 SAR.

-The return for the period : -3.27 %

– For Annual Financial Statements for Mulkia Gulf Real Estate REIT Fund year –end of 31/12/2018 please visit the link below:

https://www.mulkia.com.sa/wp-content/uploads/2019/03/Mulkia-Gulf-Real-Estate-REIT.pdf