Osool & Bakheet Investment Company announces releasing the annual financial statements for AlMaather REIT. Below is the summary of the annual financial statements for the period ending on 31/12/2020:
– Net Asset value as of period end is SAR 549,405,253.
– Total Expenses & fees for the year is SAR 26,402,944.
– Net loss for the year is SAR 7,365,001.
– Number of Issued units as of period end is 61,370,000 units.
– Net Book Value per Unit is SAR 8.95.
-Fund from operation (FFO) is SAR 24,934,861
– FFO Yield for the period is 4.0%
The financial statements can be found at the following link:
