Jadwa REIT Saudi’s NAV hits SAR 1.7 bln in 2018

24/02/2019 Argaam

 

Jadwa REIT Saudi Fund’s unaudited net asset value (NAV) came in at SAR 1.74 billion by the end of 2018, based on fair value, Jadwa Investment said in a statement to Tadawul on Sunday.

 

The fair value NAV per unit amounted to SAR 11.03 for the same period.

 

Fair value NAV per unit is calculated as per the average fair value of the fund's properties, as evaluated by two independent assessors as on Dec. 31, the statement added.

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