Announcements
Jadwa Investment Company Announces the Availability of the Interim Financial Statement of Jadwa REIT Al Haramain Fund for the Period Ending on (2022-06-30) to the Public
Thu, 25 August 2022
Description of the event:
Jadwa Investment Company announces the availability of the interim financial statements of Jadwa REIT Al Haramain Fund.
The following is a summary of the results for the period ended 30 June 2022:
- Net Assets (based on fair value) at the End of the Period (SAR 485,894,920).
- Total Expenses and Fees for the Period (SAR 11,271,208).
- Net Profit/(Loss) for the Period (SAR -53,363,238).
- Number of the Outstanding Units at the End of Period (66,000,000 Units).
- Net Unit Value per unit based on fair value approach (SAR 7.36).
- Return for the period (-0.45%)*.
*Return for the period = (FFO per Unit) / Par Value of Unit
The Fund net income and funds from operation for the period ended 30 June, 2022 (“the period”) do not include dividends from other underlying investment funds in which Jadwa REIT Saudi Fund invested in, as the underlying funds usually distribute dividends after the end of the period and are not reflected in the interim financial statements of Jadwa REIT Saudi Fund.
A copy of the interim audited financial statements can be obtained from the following link:
https://www.jadwa.com/sites/default/files/Jadwa_HREIT_Fund_FS_June_2022_EN.pdf