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SICO Saudi REIT Fund

4337
SICO SAUDI REIT
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  • Main Market
  • REITs

Stats Overview

  • Prev. Close 4.41
  • Open 4.40
  • High 4.44
  • Low 4.34
  • No. of Trades 283
  • Avg. Trade size* 401
  • Volume Traded 113,425
  • Value Traded (SAR) 498,583.48

Performance

SICO SAUDI REIT
-0.02 ( -0.45% )
Compare
Name Price Change %
SICO Saudi REIT Fund 4.40 -0.45%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
4.39
% Change
-0.45
Volume Traded
41

Best Bid

Price 4.39
Volume 466

Best Offer

Price 4.40
Volume 215

52 WEEK

High
5.82
2023/05/29
Low
4.25
2024/05/20
Change**
-23.25

PERFORMANCE

Start of Year
4.55
Year ago
5.72
3 Years ago
10.6

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Announcements

  • Announcement by SICO Capital Company regarding Non-Fundamental changes to SICO Saudi REIT Fund

    4337
    SICO SAUDI REIT -0.45 %
    1445/11/11     19/05/2024 15:49:22
  • Announcement by SICO Capital Company the availability of the Quarterly statement of SICO Saudi REIT Fund for the period ending on 2024-03-31

    4337
    SICO SAUDI REIT -0.45 %
    1445/10/12     21/04/2024 15:43:13
  • Announcement by SICO Capital Company that SICO Saudi REIT Fund ’s annual reports, including the annual audited financial statements, for the period ended on ( 2023-12-31 ) are available to the public

    4337
    SICO SAUDI REIT -0.45 %
    1445/09/21     31/03/2024 08:00:23
  • Announcement by SICO Capital Company for the availability of the semiannual reports of the assets of SICO Saudi REIT Fund for the period ending on 2023-12-31

    4337
    SICO SAUDI REIT -0.45 %
    1445/08/10     20/02/2024 15:56:52
  • SICO Capital Company Announces a Change in the membership of the Board of Directors of SICO Saudi REIT Fund

    4337
    SICO SAUDI REIT -0.45 %
    1445/07/10     22/01/2024 08:15:07
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Statements
      • Shareholding
      • Fund Profile

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      30/12/2021 04/01/2022 24/01/2022 Account Transfer 0.15
      15/07/2020 21/07/2020 17/08/2020 Account Transfer 0.10
      13/01/2020 21/01/2020 13/02/2020 Account Transfer 0.26
      02/07/2019 09/07/2019 23/07/2019 Account Transfer 0.26
      02/01/2019 07/01/2019 17/01/2019 Account Transfer 0.26

      CompanyProfilev2Financials

      Actions
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
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      • Fund Profile

      Statements

      • Quarterly Report
      • Risk Assessment Report
      • Annual Report
      • Valuation Reports
      • Financial Reports
      2024 2023 2022 2021
      Q4 - 2024-01-16 2023-01-22 2022-01-13
      Q3 - 2023-10-12 2022-10-11 2021-10-17
      Q2 - 2023-07-18 2022-08-01 2022-11-30
      Q1 2024-05-21 2023-04-13 2022-04-14 2022-11-30
      2024 2023 2022 2021
      Annual - 2024-04-02 - 2023-01-22
      2024 2023 2022 2021
      Annual - 2024-04-03 2023-08-15 2024-01-29
      2024 2023 2022 2021
      Annual - 2024-02-21 2024-01-29 2024-01-21
      Semi-Annual - 2024-01-21 2024-01-21 2024-01-21
      2024 2023 2022 2021
      Annual - 2024-04-01 2024-01-21 2022-03-31
      Semi-Annual - 2023-08-17 2022-12-21 2021-08-19
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Statements
      • Shareholding
      • Fund Profile

      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      • Fund Profile

      Fund Profile

      Fund Overview

      SICO Saudi REIT Fund is a closed-ended Shari ah-compliant real estate investment traded fund. The REIT operates in accordance with Real Estate Investment Funds Regulations and REIT Instructions issued by the CMA. The main objective of the Fund is to provide current income to investors by investing in real estate assets that have been developed with income generating and investment development by investing at least 55% of the total value of the Fund''''s assets according to the latest audited financial statements in Makkah and Madinah, And 45% in income-producing real estate assets in Saudi Arabia (excluding Makkah and Madinah). The fund invests mainly in real estate in Saudi Arabia. However, the Fund may invest in real estate outside Saudi Arabia for no more than 25% of the total value of the Fund''''s assets. As the fund will invest primarily in developed and ready-to-use real estate assets, it may also invest in viable real estate development projects with the aim of increasing the value of the unit provided that the fund does not invest in white land. The Fund is also entitled to invest in the renovation and redevelopment of existing properties, property repurchase agreements, usufruct, Islamic deposits, The units of investment funds licensed by the CMA, the shares of real estate companies that comply with the rules of Islamic Sharia and listed in Tadawul and no more than 25% of the total value of the assets of the Fund. The Fund Manager intends to distribute an annual cash dividend of at least 90% of the net profit of the Fund twice a year in January and July of each calendar year, excluding capital gains from the sale of real estate assets and other investments that may be reinvested in other properties as determined by Board of Directors of the Fund.

      Managed Assets

      At inception, the REIT comprises of three real estate hospitality properties, all of them located in Makkah: Property (1) : Eskan (4) Tower is a hotel in the Azizia district of Makkah and is 5.5 kilometers east of the Holy Mosque. Property (2) : Eskan (5) Tower is a hotel in Al-Shasha district of Mecca city on the pilgrimage route. It is 3.5 km from the Holy Mosque of Makkah, 4.5 km from Mina and 2 km from Jamarat. Property (3) : Eskan (6) Tower is a hotel in the northern district of Azizia Al-Masjid Al-Haram Street opposite the markets of Hyper Bin Da''''ud Aziziyah in Mecca. In addition, the fund owns (iOFFICES) which is an offices property that is located in Althumama Rd in Rabia Dist. In Riyadh city. The fund acquired iOFFICES in March 2020.

      Terms and Conditions

      Click here

      Fund Profile

      • Authorized Capital (SAR) 572,400,000
      • No.Of Units 57,240,000
      • Paid Capital (SAR) 572,400,000
      • Par Value/Unit 10
      • Paid Up Value/Unit 10

      Last Update :2018-01-16

      Investment limits

      The Fund complies with applicable restrictions set forth in the Real Estate Investment Funds Regulations and the Fund's Terms and Conditions.

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        2017/10/16

      • Financial Year End

        31/12

      • Listing Date

        2018/01/18

      • External Auditors

        [Ernst & Young Professional Services]

      • ISIN CODE

        SA14DG523OL4

      • Number of Employees

        33

      • Fund Chairman

        Bassam Abdulaziz Noor Executive

        Bassam Abdulaziz Noor
        • BD Session Start
          2024-01-21
          Designation
          Fund Chairman
        • BD Session End
          -
          Classification
          Executive
        • Qualification
          Chartered Financial Analyst (CFA)
      • Fund Board of Directors

        Imad Naif Mohammed Awad Non - Executive

        Imad Naif Mohammed Awad
        • BD Session Start
          2023-02-06
          Designation
          Fund Board of Directors
        • BD Session End
          -
          Classification
          Non - Executive
        • Qualification
          Masters in Accounting from George Washington University, Washington D.C

        Saleh Abdulrahman Almahasen Independent

      Saleh Abdulrahman Almahasen
      • BD Session Start
        2023-03-26
        Designation
        Fund Board of Directors
      • BD Session End
        -
        Classification
        Independent
      • Qualification
        Bachelors degree in Accounting from King Saud University

      Investor Relations

      Contact Name:

      Muneera Alkhalifa

      Company Address:

      MEFIC Tower,7702 King Fahad Road Al Malqa District, 5th floor, Riyadh

      Contact Details:

      Telephone: 800-101-0008 (Inside KSA) +966 11 521 3826 (Outside KSA)
      Fax : -
      Email : reitclient@sicocapital.com

      Company Website:

      http://www.sicocapital.com/


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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.