companyprofile
Actions
AL AZIZIAH REIT Fund
- Main Market
- REITs
Stats Overview
-
Prev. Close 4.77
-
Open 4.78
-
High 5.00
-
Low 4.74
-
YTD% Change21.78
-
No. of Trades 691
-
Avg. Trade size* 983
-
Volume Traded 679,163
-
Value Traded (^) 3,331,553.81
Performance
- *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
Best Bid
Best Offer
52 WEEK
PERFORMANCE
Compare Selected
Select a Maximum of 5 Companies
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions
AnnouncmentandCorporateAction
Actions
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Fund Profile
Announcements
Corporate Actions
- Announcements & Corporate Actions
- Dividends
- Financials
- 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
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Fund Profile
Financials
- Quarterly Report
- Risk Assessment Report
- Annual Report
- Valuation Reports
- Financial Reports
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Fund Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Fund Profile
Fund Profile
Fund Overview
The main objective of the fund is to provide current income to investors by investing in structurally developed and income-generating real estate assets of no less than 75% of the total value of the fund''s assets according to the latest audited financial statements in structurally developed and income-generating real estate assets in the Kingdom of Saudi Arabia. In addition, the Fund may invest in real estate outside the Kingdom of Saudi Arabia up to a maximum of 25% of the Fund''s total assets. The Fund will primarily invest in developed and income-generating properties in Saudi Arabia. However, the Fund may invest in real estate outside Saudi Arabia up to a maximum of 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 feasible real estate development projects with the aim of increasing the value of the unit provided that the fund does not invest in vacant land. The Fund may also invest in the renovation and redevelopment of existing properties, property repurchase agreements, right of first refusal, cash and cash equivalents and in the units of investment funds licensed by the Capital Market Authority, shares of sharia-compliant and real estate companies listed in Tadawul up to a maximum of 25% of the total value of the Fund''s assets.
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
Units Profile
- Authorized Capital (^) 572,400,000
- No.Of Units 57,240,000
- Paid Capital (^) 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.
- Fund Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Omar Sameer Alkurdi
Company Address:
Short Address RHGA7459 | Street Al Olaya | Building No. 7459 | District Al Muruj Dist. | Secondary No. 2207 | Postal Code 12283
|
Saudi Arabia
Contact Details:
Telephone:
011-4944067
Fax
: -
Email
: wasatahreit@wasatah.com.sa
Company Website:
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.
- ${title}${badge}