Mulkia Investment Company Announces the Availability of the Annual Financial Statements for Mulkia Gulf Real Estate REIT Fund for the period ending on 31/12/2019 as following:

– Net Asset Value as 31/12/2019 is 573,878,182 SAR.

– Total expenses and fees for the period 1/1/2019 – 31/12/2019 is 30,758,194 SAR.

– Net Profit / for the period 1/1/2019 – 31/12/2019 is 28,546,199 SAR.

– Issued Units 60,000,000

– Net Asset Value per unit 9.56 SAR.

– Return for the period (2019) 4.87 %*

Additional information:

-Net Asset fair value as per Real Estate valuation at the end of the period is 594,347,185 SAR.

-Net Asset Value per unit as fair value at the end of the period is 9.90 SAR.

– Total Depreciation for the period 1/1/2019 – 31/12/2019 is 8,357,293  SAR.

*Return for the period is calculated by dividing net profit for the period on net asset value at beginning of the period.

For Annual Financial Statements for Real Estate REIT Fund year-end of 31/12/2019, please visit the link below:

Mulkia Gulf Real Estate REIT ar