Jadwa REIT Saudi Fund’s NAV reaches SAR 1.7 bln in Q1

18/04/2018 Argaam

Jadwa REIT Saudi Fund’s unaudited net asset value (NAV) reached SAR 1.73 billion in the first quarter of 2018, based on fair value, Jadwa Investment said in a statement on Tadawul.

 

The fair value NAV per unit amounted to SAR 10.95 by the end of the quarter, the statement said.

 

Fair value NAV per unit is calculated as per the average fair value of the fund's properties, which were evaluated by two independent assessors as of March 31, it added.

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