Derayah REIT makes SAR 36 mln profit in FY18

03/03/2019 Argaam

Derayah REIT reported a net profit of SAR 36.47 million for the period from March 26 – Dec. 31, 2018, fund manager Derayah Financial said in a bourse statement.

 

Net asset value (NAV) – based on fair value – reached SAR 1.07 billion, or SAR 9.95 per unit, with the number of total units amounting to 107.5 million units.

 

The yield for the period came in at 6.54 percent.

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