Riyadh – Mubasher: Al Rajhi REIT Fund incurred net losses after impairment worth SAR 159.25 million in the first half (H1) of 2021, an increase of 801.9% from SAR 17.65 million in H1-20.
Net assets at the end of June 2021 totalled SAR 1.3 billion, down from SAR 1.52 billion in the same period last year, the fund’s manager Al Rajhi Capital announced on Wednesday.
The number of Al Rajhi REIT Fund’s units remained unchanged at 161.85 million at the end of H1-21, compared to H1-20.
Earlier this month, the fund announced a cash dividend of SAR 0.28 per unit at a total value of SAR 45.31 million for H1-21.
