Derayah REIT comprises 15 realty assets worth SAR 1.172 bln

Summary of REIT’s Assets

Description

Number/value

Total no. of properties & usufruct panned to be acquired

15

No. of income generating properties

14

No. of usufruct properties

2

No. of properties underdevelopment

1

Total value of REIT’s assets

1,086.40

Total building areas (m²)

235,443

Properties To Be Acquired (SAR mln)

Property name

City

Purchase price

Average valuation

Sector

Smart Towers

Riyadh

263.50

264.03

Office & Retail

Al Jubail Views residential compound

Al Jubail

145.50

152.80

Residential

Al Mina warehouses complex

Dammam

130.00

129.00

Warehouses

City Life Plaza

Riyadh

106.25

109.68

Retail

Motoon Towers

Riyadh

98.00

100.86

Retail & Hotel

Al Fanar commercial Complex

Al Khobar

60.60

64.59

Show rooms & warehouses

The Grand (A) residential compound

Dammam

58.80

64.52

residential

Al Wadi Warehouses

Jeddah

58.00

57.55

Warehouses & residential

Al Seteen Trade Center

Riyadh

52.13

53.81

Office & commercial

The Valley

Al Ahsa

39.50

40.00

Commercial

The Grand (B) Commercial Compex

Dammam

31.25

31.94

Office

Workers’ residence buildings

Al Jubail

24.27

27.52

Residential

City Walk Compound

Riyadh

10.50

11.10

Retail

Workers’ residence buildings

Dammam

5.09

6.17

Residential

Workers’ residence building

Al Khobar

3.01

3.59

Residential

Total

1,086.40

1,117.15