Osool & Bakheet Investment Company announces the annual financial statements for Al Maather REIT. Below is the summary of the annual financial statements for the period ending on 31/12/2019

Osool & Bakheet Investment Company announces the annual financial statements for Al Maather REIT. Below is the summary of the annual financial statements for the period ending on 31/12/2019
– Net Asset value at the end of period SAR 594,819,654.
– Total Expenses & fees for the year is SAR 13,910,649.
– Net profit for the year is SAR 21,397,468.
– Number of Issued units at the end of period 61,370,000 units.
– Net Book Value per Unit SAR is 9.69.
– FFO Yield for the period is 6.5% .
The financial statements can be found at the following link:

/uploads/FS-ALMAATHER-REIT-31-12-2019-signed-EN.pdf