Riyadh - Mubasher: AlAhli REIT Fund (1) has reported net profits of SAR 37.156 million during the first half (H1) of 2021, compared to SAR 1.62 million in the year-ago period.
The fund's net assets attributable to the unitholders amounted to SAR 1.312 billion by the end of June 2021, compared to SAR 1.324 billion by the end of June 2020, according to a bourse filing on Wednesday.
Meanwhile, the fund posted funds from operations (FFO) of around SAR 49.9 million in H1-21, up from SAR 29.7 million in the same period of 2021.
The fund's total assets reached SAR 1.956 billion as of 30 June 2021, compared to SAR 1.9 billion as of 31 December 2020.