Derayah Financial - Derayah Reit Fund
Price History
Company Information
Company Name
Derayah Financial - Derayah Reit Fund
Sector / Industry
Real Estate / REIT - Diversified
Country
Saudi Arabia
CEO
Employees
-
Website
Description
Derayah REIT is a Shariah compliant closed-ended real estate investment traded fund (the Fund). The Fund aims to generate income on investors capital through investing in income-generating real estate assets in accordance with the strategy set out in the Fund terms & conditions and the Capital Market Authority regulations. The current portfolio of the Fund consists of twenty seven (27) income-generating real estate assets distributed across 6 different cities and 9 real estate sectors in Saudi Arabia. Derayah REIT total assets value is SR1,779,811,176 as of 31/12/2020 (the numbers are unaudited) and it distributes quarterly dividends of no less than ninety percent (90%) of net profit to Unit-holders. The Fund is managed in accordance with the Real Estate Investment Funds Regulations and the Real Estate Investment Traded Funds Instructions issued by the Capital Market Authority.
Address
Riyadh Olaya Center, Olaya St, Riyadh, Riyadh Province 11576
Key Statistics
- Exchange
- Tadawul (XSAU)
- Currency
- Saudi Riyal
- ISIN
- SA14E0523PL6
- IPO Date
- March 26, 2018
- Latest Price Date
- Open
- SAR
- High
- SAR
- Low
- SAR
- Close
- SAR
- Volume
- 52-Week Range
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