ALMA’ATHER REIT FUND

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ALMA’ATHER REIT FUND

The Fund Details

ALMA’ATHER REIT FUND

The fund aims to invest in real estate assets within the Kingdom of Saudi Arabia capable of generating periodic rental income, and distribute no less than 90% of the net profits of the fund annually. Additionally, the fund may invest secondarily in real estate development projects on the condition that:1. The assets invested in developed real estate generating periodic income do not constitute less than 75% of the total assets of the fund according to the latest audited financial statements, and 2. The fund does not invest its assets in undeveloped land.