Mulkia Investment Company announces the unaudited financial results for Mulkia Gulf Real Estate REIT Fund for the period ending on 30 June 2020 as following:
– Net Assets at the End of the Period : 643,111,204 Saudi Riyals
– Total Expenses and Fees for the Period : 23,695,341 Saudi Riyals
– Net Profit/(Loss) for the Period : 6,033,022 Saudi Riyals
– Number of the Outstanding Units at the End of Period : 68108652
– Net Unit Value : 9.44
– Return for the Period : 1.05 %
– Hyperlink to Financial Statements : Link
– Additional Information :
– Net Asset Value as fair value : 663,001,282 Saudi Riyals.
– Net Asset Value Per Unit as fair value : 9.73 Saudi Riyals.
– Total depreciation for the period : 5,651,729 Saudi Riyals.
– Total expenses and fees for the period not including the impairment in real estate investment based on real estate valuations of : 7,859,550 Saudi Riyals.
* Return for the Period was calculated by dividing the net profit by the net asset value at beginning of the period.
To view the unaudited financial report for 2020, Please open the Link.