Riyadh — Mubasher: Taleem REIT Fund issued a corrective announcement on 15 October 2026 regarding its third-quarter (Q3) financial report for the period ended on 30 September 2026.
The fund manager clarified that the amendment pertains specifically to the asset percentages disclosed in the Arabic version of the original announcement published on 14 October 2026.
According to the updated financial disclosures, the fund’s total asset value based on the latest valuation stands at SAR 1.08 billion, while the net asset value (NAV) is reported at SAR 766.31 million.
The fund, which manages a portfolio of seven educational properties in Riyadh and Dammam, confirmed that the correction of these percentages carries no financial impact on its operations or previous valuations.
The report highlights that Taleem REIT maintains a leverage ratio of 27.59% of total assets, with a borrowing maturity set for January 2029.
For Q3-26, the fund reported a unit closing price of SAR 10.07 on the Saudi Exchange (Tadawul) and a book value per unit of SAR 10.82.
Total expenses and fees for the year-to-date period reached SAR 22.08 million, representing 2.73% of total asset value.
