31 March
31/03/2020
Derayah Financial Announces the Availability of the Annual Financial Statements for Derayah REIT Fund for the Period Ending on 31/12/2019 to the Public
Derayah Financial Announces the availability of the annual financial statements for Derayah REIT Fund. Below is a summary of the financial results for the year ended 31/12/2019:
Net Assets at the End of the Period: SR1,003,340,995 based on fair valuation
Total Expenses and Fees for the Year/Period: SR45,523,219
Net Profit/(Loss) for the Year/Period: SR20,213,109
Number of the Outstanding Units at the End of Year/Period: 107,507,035
Net Unit Value: 9.33
Return for the Period: 7.48
Hyperlink to Financial Statements: Link
Additional Information:
– Net assets value per unit (based on fair valuation) SR9.33
– Yield for the period is 7.48% relative to IPO price, and 7.12% relative to market price as of 31/12/2019