Mulkia Investment Company announces the availability of Mulkia Gulf Real Estate REIT Fund Annual report including the Annual Audited Financial statements for the year ending 31/12/2024 as following:

Net Assets at the End of the Year: 771,316,116 Saudi riyals.

Total Expenses and Fees for the Year: 118,782,746 Saudi riyals.

Net Profit for the Year: 15,138,500 Saudi riyals.

Number of the Outstanding Units at the End of Year/Period: 103,765,995

Net Unit Value:    7.433 SAR

Revenue of the period %:  1.96

Upload the Financial Statements: 

Additional Information:

– Net Asset fair value as per Real Estate valuation at the end of the period is 892,810,137 Saudi Riyals.

– Net Asset Value per unit as fair value at the end of the period is 8.604 Saudi Riyals.

– Total Depreciation for the period is 20,673,344 Saudi Riyals.

– The above expenses and fees for the period do not include the Reversal impairment of investment properties with an amount of 14,267,154 Saudi Riyals.

(*) Return for the period is calculated by dividing net profit for the period on net asset value at the end of the period.

To view the report, please visit the link below or open the attached file: Click Here

Hyperlink of the Fund’s Annual Report:

https://www.mulkia.com.sa/wp-content/uploads/2025/03/MAR-2024-E.pdf