Bonyan REIT units hit highest level since debut

28/07/2021 Argaam Special

Logo of Bonyan REIT


Units of Bonyan REIT Fund reached their highest level since debut at SAR 10.48, today, July 28.

 

The fund closed 1% higher at SAR 10.12, with 1.7 million units traded.

 

Bonyan REIT is a closed-ended real estate investment fund, listed on Tadawul. It is managed by Saudi Fransi Capital.

 

The fund was established in 2018 and listed in the same year, with SAR 1.628 billion in capital.

 

The fund’s real estate assets are managed by the property manager, Saudi Bonyan Co.

 

They include Al Rafia Villas Complex, Al-Maather Villas Complex in Al Raya, City Walk apartments in Dubai, Marriott Courtyard Hotel and Marriott Residence Inn apartments in Jazan, Al Rashid residential apartments in Madinah, Al Rashid Strip Mall in Riyadh, Al Rashid Mall in Jazan, Al Rashid Mega Mall in Madinah, and Al Rashid Mall in Abha.

 

Bonyan REIT Unit Performance

Annual high (SAR)

10.48

July 28, 2021

Annual low (SAR)

8.31

Aug. 5, 2020

Historical high (SAR)

10.48

July 28, 2021

Historical low (SAR)

7.98

June 16, 2020

Highest trading volume (mln units)

3.04

Feb. 18, 2019

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