Alwaha REIT Fund
Price History
Company Information
Company Name
Alwaha REIT Fund
Sector / Industry
Real Estate / REIT - Diversified
Country
Saudi Arabia
CEO
Employees
-
Website
Description
A closed-ended real estate investment fund traded in the parallel market (Nomu) compliant with Sharia standards approved by the Sharia Supervisory Committee, established in the Kingdom of Saudi Arabia under the Real Estate Investment Funds Regulations and the regulations and rules applied in the Kingdom. The fund is subject to the Capital Market Authority rules and regulations and the rules of the parallel market (Nomu) listing regulations, the fund size at IPO is 15,000,000 units, with a total value of 150,000,000 Saudi riyals. The investment objective of the Fund is to invest in structurally developed real estate properties, capable of achieving periodic and rental income, and to distribute a percentage not less than 90% of the annual net profits of the Fund as cash dividends to the unitholders during the period of the Fund.
Address
Olaya Main Street, Riyadh, Riyadh Province 11523
Key Statistics
- Exchange
- Tadawul (XSAU)
- Currency
- Saudi Riyal
- ISIN
- SA15KG54HA19
- IPO Date
- December 6, 2022
- Latest Price Date
- Open
- SAR
- High
- SAR
- Low
- SAR
- Close
- SAR
- Volume
- 52-Week Range
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