OSOOL & BAKHEET Investment Company announces releasing the annual financial statements for AlMaather REIT for the period ended on 31/12/2020

Wednesday, March 31, 2021 at 5:21 PM

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:

/uploads/AlMather_Fund_English_signed_2020.pdf