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Al Rajhi REIT

Al Rajhi REIT Announcements

23/08/2020
Al-Rajhi Capital Announces a Change in the membership of the Board of Directors of Al Rajhi REIT Fund
 
Al-Rajhi Capital announces a change in the Al-Rajhi REIT Fund Board, due to the appointing of a new Fund Board member Mr. Saoud bin Mohamed bin Abdulghani Sulaymani as independent member as of 04/01/1442H corresponding to 23/08/2020G. Thus, the Board Fund members will be:

 

  • Abdulaziz A. Al-Sabt (non-independent member)
  • Ahmed Al Mohsen (non-independent member)
  • Tarik Alsugair (non-independent member)
  • Feras Alsaid (Independent member)
  • Meshel Alshenaifi (Independent member)
  • Saoud bin Mohamed bin Abdulghani Sulaymani (Independent member)
 

 

 

 

23/08/2020
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund
 
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund, as of 04/01/1442H corresponding to 23/08/2020G. For more details, please Click Here
 
 
16/08/2020
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s semi-annual report for period ending 30th June 2020G
 
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s semi-annual report for period ending 9/11/1441H corresponding to 30th June 2020G. For more details, please Click Here
 
 
13/08/2020
Al Rajhi Capital announces the Interim financial statements of Al Rajhi REIT Fund for the period 1st January 2020 to 30th June 2020
 
Al Rajhi Capital announces the Interim financial statements of Al Rajhi REIT Fund, for the period 1st January 2020 to 30th June 2020. The results are summarized below:

 

  • Total Income: SAR 86,055,067
  • Total Fees & Expenses: SAR 45,219,309
  • Profit for the period before impairment: SAR 40,835,759
  • Provision of Impairment on Investment Properties: SAR (58,493,639)
  • Net Profit (Loss) for the period after impairment: SAR (17,657,880)
  • Net Asset Value: SAR 1,526,791,307
  • No. of Units: 161,856,857 units
  • Net Asset Value per Unit: SAR 9.76 (fair value)
  • Total Dividends: SAR 45,319,919.96
  • Dividend per unit: SAR 0.28
  • Annualized Dividend Yield at par value: 5.6%.
 
Notes related to Financials:

 

  • Total Fees & Expenses include an amount in relation to profit on outstanding loan facility
  • Funds from Operations (FFO) amounts to SAR 55,228,105 for the period ended 30th June 2020; equivalent to SAR 0.34 per unit
  • Annualized Dividend Yield has been calculated on the par value
  • Total dividends paid are for the period 1st Jan 2020 to 30th June 2020
 
For more details about the Interim financial statements of Al Rajhi REIT Fund, please Click Here
 

 

 

 

10/08/2020
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s semi-annual valuation reports as at 30th June 2020.

 

 

The valuation was conducted by Olaat Valuation Company, Valustrat Consulting, Whitecubes Real Estate who are all independent and licensed valuers, registered with the Saudi Authority for Accredited Valuers. For copy of the reports, please click below links:

 

06/08/2020
Al Rajhi Capital Announces distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st January 2020 to 30th June 2020
 
Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st January 2020 to 30th June 2020 as per following:

 

  • Total amount of dividend distribution = SAR 45,319,919.96
  • No. of Eligible Units = 161,856,857
  • Dividend per Unit = SAR 0.28; dividend represents 2.8% of the Par value
  • Dividend represents 2.82% of Net Asset Value (based on Fair Value as of 05/05/1441H corresponding to 31/12/2019)
  • Eligibility of dividends shall be for unit-holders in the register per Tadawul records as of 23/12/1441H corresponding to Thursday, 13/08/2020 (end of trading day on 21/12/1441H corresponding to Tuesday 11/08/2020)
  • Dividends will be paid within 15 business days post the eligibility date.
 
The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.

 

 

 

20/07/2020
Addendum Announcement from Al Rajhi Capital Regarding Al Rajhi Capital Announcement about a material development related to Al Rajhi REIT Fund.
 
Date of the previous announcement: 03-09-1441 H Corresponding to 26-4-2020 G
 
For more details about the previous announcement, please Click Here
 
In addition to Al-Rajhi Capital's announcement published on 03-09-144H corresponding to 26-04-2020 G. Al Rajhi Capital, the Fund Manager of Al Rajhi REIT would like to inform the unitholders the following:

 

  • The master lessee (Rawaj Real Estate Company) of Blue Tower Building, AlKhobar and Luluah Warehouse, Riyadh has withdrawn its notice of termination for lease contract of these properties.
  • The master lessee of the above properties has agreed to follow the provisions of the lease agreement signed by both parties that includes rent review process.
 
The Fund Manager will follow the due process as per the lease agreement provisions. The Fund Manager shall announce any material development arising in this matter in due course of time.

 

 

 

14/07/2020
Al Rajhi Capital announces the availability of quarterly factsheet for Al Rajhi REIT Fund for the period ended 30th June 2020
 
Al Rajhi Capital announces the availability of quarterly factsheet for Al Rajhi REIT Fund for the period ended 30th June 2020. For more details, please Click Here
 
 

 

 

14/06/2020
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund
 
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund, as of 11/10/1441H corresponding to 03/06/2020G. For more details, please Click Here
 
We wish to clarify that the date of update 03/06/2020 represents the date of the notice sent to the Capital Market Authority, according to the requirements of the Capital Market Authority.
 
 

 

 

17/05/2020
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund
 
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund, as of 24/09/1441H corresponding to 17/05/2020G. For more details, please Click Here
 
 
17/05/2020
Al Rajhi Capital announces a specific event on Al Rajhi REIT Fund (appointing an auditor for the fund)
 
Al Rajhi Capital announces the appointment of Alluhaid & Alyahya Chartered Accountants as an auditor for Al Rajhi REIT Fund, with the change to take effect on the date 24/09/1441 H corresponding to 17/05/2020 G.

 

  • Appointment of Alluhaid & Alyahya Chartered Accountants as an auditor for Al Rajhi REIT Fund instead of PKF Al-Bassam & Al-Nemer Allied Accountants.
  • to be SR 55,000 annually.
 
We therefore inform you that this appointment will have no effect other than what was published in this announcement.

 

 

 

26/04/2020
Al Rajhi Capital announces the occurrence of a material development related to Al Rajhi REIT Fund.
 
Al Rajhi Capital, the Fund Manager of Al Rajhi REIT has received an email stating notice of termination for lease contract of Blue Tower Building, AlKhobar and Luluah Warehouse, Riyadh under force majeure clause sighting COVID-19 pandemic situation in the Kingdom.

 

 

Currently Blue Tower Building, AlKhobar and Luluah warehouse, Riyadh are leased on triple net basis to Rawaj Real Estate Company at an annual rent of SAR 18.3 Mn and SAR 13.6 Mn respectively. Both these assets together contribute SAR 31.9 Mn i.e. 19.4% of total revenue of the fund.

 

The impact caused by the event:

 

The Fund Manager is ascertaining the validity of this email notice and believes that the lessee does not have right to terminate these leases. The Fund Manager will take all possible actions including legal action to protect the interest of unit holders.

 

As the situation is still evolving, the financial impact on fund’s dividend can’t be ascertained at this time. The Fund Manager shall periodically update the unitholders of any material development arising in this matter in due course of time

 

22/04/2020
Addendum announcement from Al Rajhi Capital regarding Al Rajhi Capital’s announcement about a material development related to Al Rajhi REIT Fund.

Date of the previous announcement : 19-08-1441 Corresponding to 12-4-2020

Previous announcement link: Click here

n addition to Al Rajhi Capital's announcement published on 12-04-2020, 19-08-1441 H. Al Rajhi Capital would like to clarify, as mentioned on the previous announcement that it has received several requests from real estate tenants to either reduce, reschedule or suspend due rents during the COVID-19 precautionary measures period. The 24-hour curfew directive in the Kingdom, in addition to some other related decisions, have impacted the business of its tenants in retail and commercial properties.

 

To date, the total value of potential discounts requested is SAR 9.0 Mn i.e. 5.5% of total rent. Primary assessment of the Fund Manager is as follows:

 

Since the situation is still evolving, there is a possibility of further revisions in above stated numbers. The Fund Manager shall submit its evaluations to Fund Board once the COVID-19 precautionary measures are over. Fund Manager expects the business to be negatively affected in short term by the continued economic fluctuations in global and local markets. On other hand, recent drop in SAIBOR has resulted in reducing the cost of loan servicing and should contribute positively to the fund financial performance.

The Fund Manager is monitoring the situation closely and will announce any material developments related to this matter in due course of time.

15/04/2020
Al Rajhi REIT Fund announces the availability of its quarterly fact sheet for the period ended 31st March 2020
 
Al Rajhi REIT Fund announces the availability of its quarterly Fact Sheet for the period ended 31st March 2020. For more details, please Click Here
 
 

 

 

12/04/2020
AlRajhi Capital announces the occurrence of a material development related to AlRajhi REIT Fund
 
AlRajhi Capital, the fund manager of AlRajhi REIT, received several requests from real estate tenants to either reduce, reschedule or suspend due rents during the COVID-19 precautionary measures period. The 24-hour curfew directive in the Kingdom, in addition to some other related decisions, have impacted the business of its tenants in retail and commercial properties.

 

 

The impact caused by the event:

 

Fund Manager expects the business to be negatively affected by the continued economic fluctuations in global and local markets. It is presently difficult to determine the full impact on the fund’s performance, as there is still uncertainty over the timeframe for COVID-19 precautionary measures,

 

Fund Manager is currently studying the situation and considering various options to protect the interest of unitholders in accordance with the Kingdom’s related laws and regulations.

 

The Fund Manager will continue to follow up on the developments and will announce any material developments in due course of time.

22/03/2020
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund Annual Report for 2019
 
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s Annual Report for 2019, which includes an annual review of the Fund, Fund performance details, Summary of Fund Board resolutions, the risk assessment report and various portfolio highlights.
 
For accessing this report Click Here 
18/03/2020
Al Rajhi Capital announces the availability of the annual audited financial statements of Al Rajhi REIT Fund for the year ended 31/12/2019
 
Al Rajhi Capital announces the availability of the annual audited financial statements of Al Rajhi REIT Fund for the year ended 31/12/2019. Following is the summary of the financial results:
 

 

Notes related to Financials:

 

For financial statement of Al Rajhi REIT Fund, please Click Here

09/02/2020
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund
 
Al-Rajhi Capital announces updating the terms and conditions of the Al-Rajhi REIT Fund, as of 15/06/1441H corresponding to 09/02/2020G. For more details, please Click Here
 
 
09/02/2020
Al-Rajhi Capital announces a change in the Al-Rajhi REIT Fund Board

 

Al-Rajhi Capital announces a change in the Al-Rajhi REIT Fund Board, due to the resignation of a Fund Board member Mr. Gaurav Shah - Chairman of the Fund’s Board of Directors (non-independent member) as of 15/06/1441H corresponding to 09/02/2020G. Thus, the Board Fund members will be:

 

09/02/2020
Al Rajhi Capital Announces distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st July 2019 to 31st December 2019
 
Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st July 2019 to 31th December 2019 as per following:

 

  • Total amount of dividend distribution = SAR 33,989,939.97
  • No. of Eligible Units = 161,856,857
  • Dividend per Unit = SAR 0.21; dividend represents 2.1% of the Par value
  • Dividend represents 2.11% of Net Asset Value (based on Fair Value as of 05/05/1441H corresponding to 31/12/2019)
  • Eligibility of dividends shall be for unit-holders in the register per Tadawul records as of 19/06/1441H corresponding to Thursday, 13/02/2020 (end of trading day on 17/06/1441H corresponding to Tuesday 11/02/2020)
  • Dividends will be paid within 15 business days post the eligibility date.
 
The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.

 

The dividend is affected by a). partial income of the 4 newly acquired properties as part of asset increase process, which were acquired on 7th November 2019, 24th December 2019 and 25th December 2019 and b). The provisions taken in H2 2019 for overdue rents filed as legal cases to the extent of SAR 3.9 Mn

 

The dividend distribution for the second half of 2019 is not reflective of full annualized income of these newly acquired properties on the larger unit holder base due to issuance of new units during asset increase process.

 

(H1 2019 no. of units: 122,200,609 and H2 2019 no. of units: 161,856,857)

 

The full income potential of the newly acquired properties, combined with further stabilization of portfolio properties, should be reflected during the first half of 2020

 

14/01/2020
Al Rajhi REIT Fund announces the availability of its quarterly fact sheet for the period ended 31st December 2019
 
Al Rajhi REIT Fund announces the availability of its quarterly Fact Sheet for the period ended 31st December 2019.

For more details, please Click Here

31/12/2019
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s semi-annual valuation reports as at 31st Dec 2019.
 
The valuation was conducted by Olaat Valuation Company, Valustrat Consulting, Whitecubes Real Estate, JLL and Knight Frank, who are all independent and licensed valuers, registered with the Saudi Authority for Accredited Valuers. For a copy of the reports, please click the below links:

 

 

25/12/2019
Al Rajhi Capital announces acquisition of a 2 properties by Al Rajhi REIT Fund
 
Al Rajhi Capital announces the completion of the acquisition of a 2 properties. i.e 1) Rowad AlKhaleej International School
located in Riyadh and 2) Baraem Rowad Al Khaleej Kindergarten located in Riyadh by Al Rajhi REIT Fund which is part of
the approved process of increasing the total value of the Fund's assets.
 
 
1. Rowad AlKhaleej International School located in Riyadh The transaction has been completed on Wednesday 28/04/1441H corresponding to 25/12/2019G. The purchase price of Rowad AlKhaleej International School is SR 210 million. The purchase price is partly paid through issuance of 11,685,867 in-kind units and balance by cash. The property is located in the district of Al Mogarazat in Riyadh, on Prince Muqurin Ibn Abdulaziz Street, Kingdom of Saudi Arabia. The subject site comprises a regular shaped piece of land measuring 15,959.90 sqm, with a total built-up area of 39,028 sqm. The Property is fully leased to AlKhaleej Training and Education Company, with an annual rent payment of SAR 16.275 million. The annual rent will be increased by 7.5 % every five years. The lease with AlKhaleej Training and Education Company is for a term of 15 years starting from the date of title transfer i.e. 25/12/2019
 
 
2. Baraem Rowad Al Khaleej Kindergarten located in Riyadh The transaction has been completed on Wednesday 28/04/1441H corresponding to 25/12/2019G The purchase price of Baraem Rowad Al Khaleej Kindergarten is SR 20 million. The purchase price is partly paid through issuance of 1,112,939 in-kind units and balance by cashThe property is located in the Sahafa District, Prince Abdullah Bin Saud Bin Abdullah Sneatan Al Saud Street in Al Riyadh, Kingdom of Saudi Arabia. The subject site comprises a regular shaped piece of land measuring 1,830 sqm, with a built-up area of 2,549 sqm. The Property is fully leased to AlKhaleej Training and Education Company, with an annual rent payment of SAR 1.55 million. The annual rent will be increased by 7.5 % every five years. The lease with AlKhaleej Training and Education Company is for a term of 15 years starting from the date of title transfer i.e. 25/12/2019
 
 
Impact of the event: This acquisition is expected to have a positive impact on Al Rajhi REIT’s financial performance going forward.
Al Rajhi Capital confirms that there are no related parties in the acquisition except the source of financing is from existing debt facility from Al Rajhi Bank.
24/12/2019
Al Rajhi Capital announces a material development to Al Rajhi REIT Fund

 

Al Rajhi Capital announces acquisition of a property by Al Rajhi REIT Fund

 

Al Rajhi Capital announces the completion of the acquisition of a property Rowad AlKhaleej International School located in Dammam by Al Rajhi REIT Fund which is part of the approved process of increasing the total value of the Fund's assets.

 

The transaction has been completed on Tuesday 27/04/1441H corresponding to 24/12/2019G. The purchase price is SR 244.5 million, which is partly paid through issuance of 13,605,688 in-kind units and balance in cash.

 

The property is located in the district of Al Zuhur in the north east of Dammam, Anas Ibn Malik Street, Kingdom of Saudi Arabia.

 

The subject site comprises a regular shaped piece of land measuring 20,213 sqm, with a built-up area of 25,797 sqm.

 

The Property is fully leased to AlKhaleej Training and Education Company, with an annual rent payment of SAR 18.94 million. The annual rent will be increased by 7.5% every five years. The lease with AlKhaleej Training and Education Company is for a term of 15 years starting from the date of title transfer i.e. 24/12/2019

 

This acquisition is expected to have a positive impact on Al Rajhi REIT’s financial performance going forward. Al Rajhi Capital confirms that there are no related parties in the acquisition except the source of financing is from existing debt facility from Al Rajhi Bank.

 

 

 

19/12/2019
Al Rajhi Capital announces the results of public offering related to Al Rajhi REIT Funds’ total asset value increase
 
Al Rajhi Capital announces the results of public offering for Al Rajhi REIT total asset value Increase, that commenced on 15/4/1441H corresponding to Thursday 12th December 2019 and ended on 21/4/1441H corresponding to Wednesday 18th December 2019 as follows.
 
  • Units offered: 16,853,933 units
  • Units subscribed: 13,251,754 units
  • Coverage: 78.63 %
  • No. of subscribers: 16,031
  • Amount subscribed: SAR 116,615,435.20
 
The Fund Manager will complete the allocation of units to unitholders within 15 working days from the closing date of the offering period.
 
The Fund manager will complete the acquisition of 3 educational properties from AlKhaleej Training and Education Company by combination of in-kind units to be issued to Al Khaleej, using public offering proceeds and availing financing facility of the Al Rajhi REIT Fund.
 
For further details about the allocation mechanism and properties to be acquired, please refer to Terms and Conditions of the Al Rajhi REIT Fund
 
 

 

 

 

19/12/2019
Al Rajhi Capital announces its participation in public offering related to Al Rajhi REIT Funds’ total asset value increase
 
 
Al Rajhi Capital the Fund Manager of Al Rajhi REIT Fund announces that it has subscribed for SAR 30 million equivalent to 20.23% cash contribution available to public during the public offering period of the Al Rajhi REIT’s total asset value increase program.
 
For further details regarding the total asset value increase program, please refer to Terms and Conditions of the Al Rajhi REIT Fund
 
 

 

 

 

12/12/2019
Further to the announcement from Al Rajhi Capital regarding subscription period for public offering related to Al Rajhi REIT Funds’ total asset value increase
 
For more details about the previous announcement on 2019/12/05 - 1441/4/8 Click Here 
 
Clarify the allocation mechanism for units offered on the IPO & charging process of Subscription fee
 
The allocation mechanism that the fund manager will follow to allocate units to subscribers & is as follow:
 
  • The units offered on the IPO will be allocated first to the registered unit holders on the day of the Unit Holders meeting for increase the total value of the fund’s assets and that who wish to participate in IPO on prorata’ basis, and then the remaining units (if any) will be allocated to the rest of the investors (Non unit holders) according to the fund manager’s decision.
  • Subscription fee equal to 2% of the subscribed amount and is payable by the investor in addition to the subscription amount. This fee applies to new investors and is not applicable to registered unit holders at the date of the unit holders meeting. (i.e. registered at Securities Depository Center (Edaa) by the end of the second trading day preceding the meeting which held on 31st Oct 2019)
    Therefore, the subscription fees will be returned to the registered unit holders at the date of the unit holders meeting.
 
For further details refer the allocation mechanism & subscription fee mentioned in Terms And Conditions
 
 

 

 

 

05/12/2019
Al Rajhi Capital announces the subscription period for public offering related to Al Rajhi REIT Funds’ total asset value increase
 
Al Rajhi Capital announces the subscription period for Al Rajhi REIT total asset value Increase offering to commence on 15/4/1441H corresponding to Thursday 12th December 2019 and end on 21/4/1441H corresponding to Wednesday 18th December 2019.
 
 
IPO price is SAR 8.8 per unit. Participation in the total asset value increase will be available to all investors, whether existing unit holders (i.e. registered at Securities Depository Center (Edaa) by the end of the second trading day preceding the meeting which held on 31st Oct 2019) or new investors participating in this offering.
 
 
The allotment ratio for existing unit holders at time of subscription is 0.1379 i.e. Existing investor holding 10,000 units is entitled to get 1,379 units.
 
 
For further details refer the allocation mechanism mentioned in terms and conditions
 
 
The subscription will be available through Al Rajhi Bank and Al Rajhi Capital through following channels:
 
  • AlRajhi Capital investment Centers
  • AlRajhi Bank ATMs
  • AlRajhi Bank mobile application
 
For subscription details, please refer to the Terms and Conditions of increasing the total asset value of the fund.
 
 

 

 

 

28/11/2019
Further to the announcement from Al Rajhi Capital regarding MoU signed between Al Rajhi REIT Fund and Al Khaleej Training & Education for the acquisition of 3 Educational properties

 

For more details about the previous announcement on 31/03/2019 - 1440/07/24 Click Here

 

MoU’s validity has been extended with mutual consent of both parties for a further period of 31 days until 31st December 2019. All the terms and conditions of the MoU remain unchanged.

 

 

 

07/11/2019
Al Rajhi Capital announces a material development to Al Rajhi REIT Fund

 

Al Rajhi Capital announces acquisition of a property by Al Rajhi REIT Fund

 

Al Rajhi Capital announces the completion of the acquisition of a property Al Salam NMC Hospital by Al Rajhi REIT Fund.

 

The transaction has been completed on Thursday 10/03/1441H corresponding to 07/11/2019G. The purchase price is SR 163.77 million, which is funded through the available shariah compliant debt facility for Al Rajhi REIT.

 

Al Salam NMC Hospital is a 100 bed multispecialty hospital. The key specialties are Obstetrics & Gynecology, Pediatrics, Internal diseases, ENT Dept. & General Surgery. It is an independent building consisting of two ground floors + 6 upper floors.

 

The Property is fully leased to Al Salam Medical Group, with an annual rent payment of SAR 11.64 million. The annual rent will be increased by 5 % (five percent) every five years. The current lease with Al Salam NMC Hospital is for a term of 15.75 years starting from 1 April 2018 & the lease agreement is been assigned to Al Rajhi REIT Fund.

 

The property also has an additional income of SAR 70,000 from leasing of optical shop and coffee shop within the premises of hospital. The lease for both these shops has same escalations and term as that of hospital.

 

Therefore the total annual income from the property currently is SAR 11.71 Million

 

This acquisition is expected to have a positive impact on Al Rajhi REIT’s financial performance going forward. Al Rajhi Capital confirms that there are no related parties in the acquisition except the source of financing is from existing debt facility from Al Rajhi Bank.

 

The acquisition of the property is part of the process of increasing the total value of the Fund's assets and has been funded entirely through the available shariah compliant debt facility for Al Rajhi REIT

 

03/11/2019
Al Rajhi Capital announces the results of the unitholders meeting
 
Al Rajhi Capital announces the results of the meeting of the owners of Al Rajhi REIT Fund Units held at Al Rajhi Bank Tower on King Fahad Road, Al Murooj District in Riyadh city at 5 pm on Thursday, 03/03/1441 corresponding to 31/10/2019 as following:
 
Unitholders approved the following agenda items
  • increase the Total Asset value of the Fund from SAR (1,724,075,691) to maximum SAR (2,411,396,405) by acquiring new real estate assets.
  • Approve the Fund’s revised terms and conditions. These includes increase in the total value of the Fund's assets, the size of the Fund, the number of units of the Fund, the definitions and risks of the Fund, the mechanism to increase the total value of the Fund's assets and the allocation mechanism.
 

 

 

 

30/10/2019
Further to the announcement from Al Rajhi Capital regarding MoU signed between Al Rajhi REIT Fund and Al Khaleej Training & Education for the acquisition of 3 Educational properties

 

 

For more details about the previous announcement on 31/03/2019 - 1440/07/24 Click Here

 

MoU’s validity has been extended with mutual consent of both parties for a further period of 31 days until 30th November 2019. All the terms and conditions of the MoU remain unchanged.

 

 

 

09/10/2019

Al Rajhi Capital announces the unit holder meeting of Al Rajhi REIT Fund

Al Rajhi Capital invites Al Rajhi REIT Fund unit holders to attend a meeting that will be held at Al Rajhi Bank Tower, at King Fahad Road, Al-Muroj District in Riyadh at 5:00 pm on Wednesday 24/02/1441H corresponding to 23/10/2019G to discuss the following agenda:
  • Vote to increase the Total Asset value of the Fund from SAR (1,724,075,691) to maximum SAR (2,411,396,405) by acquiring a new real estate assets.
  • Vote on the amended terms and conditions of the Fund.

The meeting must be attended by a number of Unit Holders who collectively own at least 51% of the value of fund’s units. All unit holders who are registered at Securities Depository Center (Edaa) by the end of the second trading day preceding the meeting will have the right to attend and vote.

Each unit holder is required to bring the national identification card and to be present at the meeting half an hour prior to the meeting to complete the registration process. The unit holder who are unable to attend may delegate their vote by using the approved delegation form.

For further information, please contact: 920005856

Email: customerservice@alrajhi-capital.com

To obtain the power of attorney form please Click Here

20/10/2019

Al Rajhi Capital announces the availability of terms and conditions for Al Rajhi REIT Fund to facilitate unit holders to vote on the Total Asset Value increase decision

Al Rajhi Capital announces the availability of terms and conditions for Al Rajhi REIT Fund which include the increase on total asset value of the fund to facilitate unit holders to vote on the decision to increase the funds capital from SAR (1,724,075,691) to maximum SAR (2,411,396,405) by acquiring a new real estate assets.
The meeting of unit holders will be held at Al Rajhi Bank Tower, at King Fahad Road, Al-Muroj District in Riyadh at 5:00 pm on Wednesday 24/02/1441H corresponding to 23/10/2019G as mentioned in the announcement dated 10 Safar 1441 AH corresponding to 9 October 2019.The proposed terms and conditions of the capital increase can be found at:

To obtain the Proposed terms and conditions please Click Here

We would like to remind you that each unit holder is required to bring the national identification card and to be present at the meeting half an hour prior to the meeting to complete the registration process. The unit holder who are unable to attend may delegate their vote by using the approved delegation form. by using the form available on this link:

For further information, please contact: 920005856

Email: customerservice@alrajhi-capital.com

To obtain the power of attorney form please Click Here

24/10/2019

Al Rajhi Capital Announces an Invitation to Attend the Meeting of Unitholders ( Second Meeting ) of Al Rajhi REIT Fund

Al Rajhi Capital invites Al Rajhi REIT Fund unit holders to attend the second meeting that will be held at Al Rajhi Bank Tower, at King Fahad Road, Al-Muroj District in Riyadh at 5:00 pm on Thursday 03/03/1441H corresponding to 31/10/2019G to discuss the following agenda:
  • Date of the Meeting: 2019-10-31 Corresponding to 1441-03-03
  • Place of the Meeting: Al Rajhi Bank Tower
  • Time of the Meeting: 17:00
  • Agenda: 1.Vote to increase the Total Asset value of the Fund from SAR (1,724,075,691) to maximum SAR (2,411,396,405) by acquiring a new real estate assets. 2.Vote on the amended terms and conditions of the Fund.

The second meeting is valid regardless of the percentage of units represented at the meeting. All unit holders who are registered at Securities Depository Center (Edaa) by the end of the second trading day preceding the meeting will have the right to attend and vote.

Each unit holder is required to bring the national identification card and to be present at the meeting half an hour prior to the meeting to complete the registration process. The unit holder who are unable to attend may delegate their vote by using the approved delegation form.

For further information, please contact: 920005856

Email: customerservice@alrajhi-capital.com

To obtain the power of attorney form please Click Here

24/10/2019

Announce the non-convening of the unit holders meeting of Al Rajhi REIT fund

Al Rajhi Capital invites Al Rajhi REIT Fund unit holders to attend a meeting that will be held at Al Rajhi Bank Tower, at King Fahad Road, Al-Muroj District in Riyadh in 24/02/1441H corresponding to 23/10/2019G

Due to the incomplete of quorum requirement, it was decided to postpone the Assembly and call for a second meeting to be determined and announced later.

03/10/2019
Al Rajhi REIT Fund announces the availability of its quarterly fact sheet for the period ended 30 September 2019

 

Al Rajhi REIT Fund announces the availability of its quarterly Fact Sheet for the period ended 30 September 2019.

 

For more details, please Click Here
 

 

 

30/09/2019
Further to the announcement from Al Rajhi Capital regarding MoU signed between Al Rajhi REIT Fund and Al Khaleej Training & Education for the acquisition of 3 Educational properties

 

For more details about the previous announcement on 31/03/2019 - 1440/07/24 Click Here

 

MoU’s validity has been extended with mutual consent of both parties for a further period of 30 days until 30th October 2019. All the terms and conditions of the MoU remain unchanged.

 

 

 

01/08/2019
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s semi-annual report for period ending 30th June 2019G

 

Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s semi-annual report for period ending 27/10/1440 H corresponding to 30th June 2019G

 

For more details, please Click Here

 

 

 

29/07/2019

Al Rajhi Capital announces the Interim Un-audited Financials of Al Rajhi REIT Fund for the period 1st January 2019 to 30th June 2019

 

Al Rajhi Capital announces the Interim unaudited Financials of Al Rajhi REIT Fund, for the period 1st January 2019 to 30th June 2019. The results are summarized below:
  • Total Income: SAR 56,893,984
  • Total Fees & Expenses: SAR 18,371,000
  • Net Profit: SAR 30,045,868
  • Net Asset Value: SAR 1,242,510,175
  • No. of Units: 122,200,609 units
  • Net Asset Value per Unit: SAR 10.17 (fair value)
  • Total Dividends: SAR 39,104,194.88
  • Dividend per unit: SAR 0.32
  • Annualized Dividend Yield at par value: 6.4%.

 

Notes related to Financials:

  • Total Fees & Expenses include an amount in relation to profit on outstanding loan facility
  • Net Profit is for the period ended 30th June 2019; equivalent to SAR 0.245 per unit
  • Funds from Operations (FFO) amounts to SAR 38,522,984 for the period ended 30th June 2019; equivalent to SAR 0.315 per unit
  • Annualized Dividend Yield has been calculated on the par value
  • Total dividends paid are for the period 1st Jan 2019 to 30th June 2019

 

For the Semi Annual Un-audited Financial Statements Click Here

23/07/2019

Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund

 

Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st January 2019 to 30th June 2019 as per following
  • Total amount of dividend distribution = SAR 39,104,194.88
  • No. of Eligible Units = 122,200,609
  • Dividend per Unit = SAR 0.32; dividend represents 3.2% of the Par value
  • Dividend represents 3.14% of Net Asset Value (based on Fair Value as of 27/10/1440H corresponding to 30/06/2019)
  • Eligibility of dividends shall be for unit-holders in the register per Tadawul records as of 03/12/1440H corresponding to Sunday, 04/08/2019 (end of trading day on 28/11/1440H corresponding to Wednesday 31/07/2019).
  • Dividends will be paid within 10 business days post the eligibility date.

 

The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.

04/07/2019
Al Rajhi REIT Fund announces the availability of its quarterly fact sheet for the period ended 30 June 2019

 

Al Rajhi REIT Fund announces the availability of its quarterly Fact Sheet for the period ended 30 June 2019.

 

For more details, please Click Here

 

 

 

 

30/06/2019

Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s semi-annual valuation reports as at 30th June 2019. The valuation was conducted by Olaat Valuation Company, Valustrat Consulting and Whitecubes Real Estate, who are all independent and licensed valuers, registered with the Saudi Authority for Accredited Valuers. For a copy of the reports, please click the below links:

 

 

 

08/05/2019
إعلان شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت
 
تعلن شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت وذلك اعتباراً من تاريخ 23/08/1440هـ الموافق 28/04/2019م. وللإطلاع على الشروط والأحكام المحدثة الرجاء اضغط هنا
 
 
كما نوضح أن تاريخ التحديث 28/04/2019م يمثل تاريخ الإشعار المرسل إلى هيئة السوق المالية، وذلك بحسب متطلبات هيئة السوق المالية. وأما بخصوص التغييرات المهمة التي تمت على شروط وأحكام صندوق الراجحي ريت، فإن سريان التغيير سيكون أعتباراً من تاريخ 25/09/1440هـ الموافق 30/05/2019م.
 
 
 
08/05/2019
إعلان شركة الراجحي المالية عن تفاصيل تغييرات مهمة في شروط وأحكام صندوق الراجحي ريت
 
 
 
تعلن شركة الراجحي المالية عن تغييرات مهمة في شروط وأحكام صندوق الراجحي ريت تتعلق بتغيير رسوم أمين الحفظ وأتعاب المحاسب القانوني وإضافة أتعاب لـ أعضاء مجلس إدارة الصندوق المستقلين على أن يكون سريان التغيير بتاريخ 25/09/1440هـ الموافق 30/05/2019م. وتفاصيل التغييرات المهمة هي:
 
  • تغيير رسوم أمين الحفظ: من 100,000 ريال سعودي إلى 185,000 ريال سعودي.
  • تغيير أتعاب المحاسب القانوني: من 30,000 ريال سعودي إلى 35,000 ريال سعودي.
  • إضافة أتعاب لـ أعضاء مجلس إدارة الصندوق المستقلين: 5,000 ريال سعودي لكل عضو من أعضاء مجلس إدارة الصندوق المستقلين عن كل إجتماع وبحد أقصى 20,000 ريال سعودي سنوياً لكل عضو مستقل.
 
 
 

 

 

 

28/04/2019
إعلان شركة الراجحي المالية عن تغييرات مهمة مقترحة على شروط وأحكام صندوق الراجحي ريت
 
تعلن شركة الراجحي المالية عن تغييرات مهمة مقترحة على شروط وأحكام صندوق الراجحي ريت تتعلق بتغيير رسوم أمين الحفظ وأتعاب المحاسب القانوني وإضافة أتعاب أعضاء مجلس إدارة الصندوق المستقلين على أن يكون سريان التغيير بتاريخ 25/09/1440هـ الموافق 30/05/2019. وسيقوم الصندوق بالإعلان لاحقاً عن تفاصيل هذه التغييرات وذلك قبل سريان التغيير.
 
08/04/2019
Al Rajhi REIT Fund Announces the Availability of its Quarterly Fact Sheet for the period ended 31 March 2019

 

Al Rajhi REIT Fund announces the availability of its quarterly Fact Sheet for the period ended 31 March 2019.

 

For more details, please Click Here

 

 

 

31/03/2019

Al Rajhi Capital announces the signing of a MoU by Al Rajhi REIT Fund with Al Khaleej Training & Education for the acquisition of 3 Educational properties

 

Al Rajhi Capital is pleased to announce the signing of a MoU dated 31st March 2019 by Al Rajhi REIT Fund with Al Khaleej Training & Education (AKTE) for the acquisition of 3 Educational properties.

The afore-mentioned MoU has a validity of 180 days from date of signing.

The purchase price consideration will be a combination of cash and issuing additional units to AKTE and the public in Al Rajhi REIT Fund. This transaction will require a capital increase in Al Rajhi REIT Fund subject to CMA and unit holder approval.

This potential acquisition falls under the Fund’s strategy on acquisition of attractive income-generating Real Estate assets in Saudi Arabia.

Al Rajhi Capital confirms that there are no related parties in the potential acquisition except the source of financing (for the cash consideration element) is from existing debt facility from Al Rajhi Bank.

28/03/2019
Al Rajhi Capital announces the availability of Al Rajhi REIT Fund Annual Report for 2018

 

Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s Annual Report for 2018, which includes an annual review of the Fund, Fund performance details, Summary of Fund Board resolutions, the risk assessment report, the Fund Manager’s market perspective and various portfolio highlights.

 

For more details, please Click Here

 

 

 

10/03/2019
Al Rajhi REIT Fund Announces the Availability of its Quarterly Fact Sheet for the period ended 31 December 2018

 

Al Rajhi REIT Fund announces the availability of its quarterly Fact Sheet for the period ended 31 December 2018.

 

For more details, please Click Here

 

 

 

14/02/2019

Al Rajhi Capital announces the Annual Audited Financials of Al Rajhi REIT Fund for the period 20th March 2018 to 31st December 2018:

Al Rajhi Capital announces the Annual Audited Financials of Al Rajhi REIT Fund, the Annual Financial results for the period 20th March 2018 to 31st December 2018 are summarized below:
  • Total Income: SAR 92,099,709
  • Total Fees & Expenses: SAR (42,452,204)
  • Net Profit: SAR 49,647,505
  • Net Asset Value: SAR 1,250,411,446
  • No. of Units: 122,200,609 units
  • Net Asset Value per Unit: SAR 10.09 (fair value)
  • Total Dividends: SAR 59,189,288
  • Net Yield: 4.84%

Notes related to Financials:
  • Total Fees & Expenses include an amount in relation to profit on outstanding loan facility
  • Net Profit is for the period ended 31st December; equivalent to SAR 0.41 per unit
  • Funds from Operations (FFO) amounted to SAR 63,395,305 for the period ended 31st December; equivalent to SAR 0.52 per unit
  • Net Yield has been calculated on the par value of SAR 10 per unit
  • Total dividends paid are for the period ended 31st December 2018
  • There are no prior period comparatives for the Fund since these are inaugural results
For the 2018 Annual Audited Financial Statements Please Click Here

11/02/2019

Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund for the period 1st July 2018 to 31st Dec 2018 as per following

  • Total amount of dividend distribution = SAR 37,947,139
  • No. of Eligible Units = 122,200,609
  • Dividend per Unit = SAR 0.311; dividend represents 3.11% of the Par value
  • Dividend represents 3.08% of Net Asset Value (based on Fair Value as of 24/04/1440H corresponding to 31/12/2018)
  • Eligibility of dividends shall be for unit-holders in the register per Tadawul records as of 12/6/1440H corresponding to Sunday, 17/02/2019 (end of trading day on 08/06/1440H corresponding to Wednesday 13/02/2019).
  • Dividends will be paid within 9 business days post the eligibility date.

The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.

06/01/2019

Al Rajhi Capital announces the availability of Al Rajhi REIT semi-annual valuation reports as at 31st December 2018. The reports were conducted by Olaat Valuation Company, Barcode Company Limited, Valustrat Consulting and Whitecubes Real Estate who are all independent and licensed valuers, registered with the Saudi Authority for Accredited Valuers.

 

 

 


18/12/2018

 

إعلان شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت

 

              للاطلاع على الشروط والأحكام المحدثة الرجاء اضغط هنا

 

 

 

17/12/2018

تعلن شركة الراجحي عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت بسبب استقالة عضو مجلس الإدارة الأستاذ / خالد بن حمد البسام كعضو مستقل وذلك أعتباراً من تاريخ 10/04/1440هـ الموافق 17/12/2018م ليصبح أعضاء مجلس إدارة الصندوق بعد التغيير:

  1. قوراف شاه (رئيس مجلس إدارة الصندوق- عضو غير مستقل)
  2. عبدالعزيز بن علي السبت (عضو غير مستقل)
  3. احمد بن عبدالرحمن المحسن (عضو غير مستقل)
  4. طارق بن ابراهيم الصقير (عضو غير مستقل)
  5. فراس بن صالح السعيد (عضو مستقل)
  6. مشعل بن ابراهيم الشنيفي (عضو مستقل)

 

 

 

05/12/2018

إعلان إلحاقي من (شركة الراجحي المالية) بخصوص إعلان صندوق الراجحي ريت عن تعيين عضو مجلس إدارة

إلحاقاً للإعلان المنشور بتاريخ 04-12-2018 بخصوص أعلان شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت بسبب تعيين عضو مجلس الإدارة الأستاذ / مشعل بن ابراهيم الشنيفي كعضو مستقل وذلك أعتباراً من تاريخ 26/03/1440هـ الموافق 04/12/2018م، وعليه يود صندوق الراجحي ريت أن يُفيدكم بأنه تم إستلام موافقة هيئة السوق المالية على تعيين العضو المستقل الأستاذ / مشعل بن ابراهيم الشنيفي بتاريخ 26/03/1440هـ الموافق 04/12/2018م. فيما عدا ذلك، تؤكد شركة الراجحي المالية بأنه لا يوجد أي تغيير أساسي حاصل على الإعلان السابق بموجب هذا الإعلان الإلحاقي.

 

 

 

04/12/2018

إعلان شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت وذلك اعتباراً من تاريخ 26/03/1440هـ الموافق 04/12/2018م كما يمكن الاطلاع على الشروط والأحكام المحدثة من خلال الرابط الآتي: 

للمزيد من التفاصيل

 

 

 

04/12/2018

تعلن شركة الراجحي عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت بسبب تعيين عضو مجلس الإدارة الأستاذ / مشعل بن ابراهيم الشنيفي كعضو مستقل وذلك أعتباراً من تاريخ 26/03/1440هـ الموافق 04/12/2018م ليصبح أعضاء مجلس إدارة الصندوق بعد التغيير:

  1. قوراف شاه (رئيس مجلس إدارة الصندوق- عضو غير مستقل)
  2. عبدالعزيز بن علي السبت (عضو غير مستقل)
  3. احمد بن عبدالرحمن المحسن (عضو غير مستقل)
  4. طارق بن ابراهيم الصقير (عضو غير مستقل)
  5. خالد بن حمد البسام (عضو مستقل)
  6. فراس بن صالح السعيد (عضو مستقل)
  7. مشعل بن ابراهيم الشنيفي (عضو مستقل)

 

 

11/11/2018

إعلان شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت وذلك اعتباراً من تاريخ 22/02/1440هـ الموافق 31/10/2018م كما يمكن الاطلاع على الشروط والأحكام المحدثة من خلال الرابط الآتي:

للمزيد من التفاصيل

 

 

 

 

04/11/2018

تعلن شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت بسبب تعيين عضو مجلس الإدارة الأستاذ / طارق بن ابراهيم الصقير كعضو غير مستقل وذلك أعتباراً من تاريخ 22/02/1440هـ الموافق 31/10/2018م ليصبح أعضاء مجلس إدارة الصندوق بعد التغيير:

  1. قوراف شاه (رئيس مجلس إدارة الصندوق- عضو غير مستقل)
  2. عبدالعزيز بن علي السبت (عضو غير مستقل)
  3. احمد بن عبدالرحمن المحسن (عضو غير مستقل)
  4. طارق بن ابراهيم الصقير (عضو غير مستقل)
  5. خالد بن حمد البسام (عضو مستقل)
  6. فراس بن صالح السعيد (عضو مستقل)

 

 

 

 

 

31/10/2018

Al Rajhi Capital announces acquisition of a property by Al Rajhi REIT Fund

Al Rajhi Capital announces the completion of the acquisition of a property known as Lulu Central Logistics by Al Rajhi REIT Fund. The transaction has been completed on Wednesday 22/02/1440H corresponding to 31/10/2018G. The purchase price is SR 52.250 million, which is funded through the available shariah compliant debt facility for Al Rajhi REIT. Lulu Central Logistics is purpose built high specification warehouse facility and is located at Al Kharj Road, Industrial Gate City, Riyadh. It has a land area of 23,716.29 sq.mtrs and a built up area of 16,500 sq. mtrs. The property has a dry warehouse that is automated with state of the art fittings and fixture and also has a cold storage facility and repacking unit within it. The Property is fully leased to Lulu Saudi Hypermarkets LLC, with an annual rent payment of SAR 3.795 million. The annual rent will be increased by 12 % (twelve percent) every five years. The current lease with Lulu Saudi Hypermarkets LLC is for a term of 15 years starting from 16th Dec 2016. This acquisition is expected to have a positive impact on Al Rajhi REIT’s financial performance going forward. Al Rajhi Capital confirms that there are no related parties in the acquisition except the source of financing is from existing debt facility from Al Rajhi Bank.

 


01/10/2018

Al Rajhi Capital announces signing of a SAR 500m shariah-compliant banking facility for Al Rajhi REIT

Al Rajhi Capital acting in capacity as Fund Manager for Al Rajhi REIT (the “REIT”) is pleased to announce that it has secured a SAR 500 million shariah-compliant financing facility agreement with Al Rajhi Bank with the following terms:

This Term Loan Program will be used to fund the acquisition of various income generating real estate assets by the REIT in line with its strategy.

 

 

17/09/2018

إعلان شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت وذلك اعتباراً من تاريخ 07/01/1440هـ الموافق 17/09/2018م كما يمكن الاطلاع على الشروط والأحكام المحدثة من خلال الرابط الآتي:

للمزيد من التفاصيل

 

 

15/08/2018

Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s investor report for period ending 30th June 2018G.

Al Rajhi Capital announces the availability of Al Rajhi REIT Fund’s investor report for period ending16/10/1439 H corresponding to 30th June 2018G. For a copy of the report, please click on the link below:

For more details

25/07/2018

Al Rajhi Capital announces the availability of Al Rajhi REIT semi-annual valuation reports as at 30th June 2018. The reports were conducted by Olaat Valuation Company, Barcode Company Limited and Valustrat Consulting who are all independent and licensed valuers, registered with the Saudi Authority for Accredited Valuers.

 

 

 


 

 

01/08/2018

إعلان شركة الراجحي المالية عن إتاحة التقرير المالي الأولي صندوق الراجحي ريت للفترة المنتهية في 30 يونيو 2018 للجمهور (ثلاثة اشهر واثنى عشر يوم)

لا يوجد اي مقارنة تخص فترة سابقة للصندوق حيث ان هذه النتائج تعد نتائج افتتاحية وللحصول على نسخة من القوائم المالية الأولية يمكنكم زيارة الرابط أدناه

للمزيد من التفاصيل

 

 

 

 

 

25/07/2018

تعلن شركة الراجحي المالية عن إتاحة تقارير التقييم النصف سنوية لصندوق الراجحي ريت عن النصف الاول من عام 2018م، المعدة من قبل مقيِمين مستقلين ومرخصين من الهيئة السعودية للمقيِمين المعتمدين: شركة أولات للتقييم، وشركة باركود المحدودة، وشركة فاليوسترات للاستشارات.

 

 

 

15/07/2018

Al Rajhi Capital announces the distribution of cash dividend to the unit-holders of Al Rajhi REIT Fund the REIT for the period ended 30th June 2018 as per following

The Fund Manager wishes to remind the unit holders to update their bank accounts to ensure depositing the outstanding dividend to their accounts directly.

 
 

03/07/2018

إعلان شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت وذلك اعتباراً من تاريخ 18/10/1439هـ الموافق 02/07/2018م كما يمكن الاطلاع على الشروط والأحكام المحدثة من خلال الرابط الآتي:

للمزيد من التفاصيل

 

 

 

 

07/06/2018

إعلان شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت بسبب استقالة عضو مجلس الإدارة الأستاذ / عبد الكريم البواردي كعضو غير مستقل وذلك أعتباراً من تاريخ 23/09/1439هـ الموافق 07/06/2018م ليصبح أعضاء مجلس إدارة الصندوق بعد التغيير:

  1. قوراف شاه ( رئيس مجلس الصندوق)
  2. عبدالعزيز بن علي السبت (عضو غير مستقل)
  3. احمد بن عبدالرحمن المحسن (عضو غير مستقل)
  4. خالد بن حمد البسام (عضو مستقل)
  5. فراس بن صالح السعيد (عضو مستقل)

 

 

 

 

03/05/2018

إعلان شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تحديث شروط وأحكام صندوق الراجحي ريت وذلك اعتباراً من تاريخ 06/08/1439هـ الموافق 22/04/2018م كما يمكن الاطلاع على الشروط والأحكام المحدثة من خلال الرابط الآتي:

للمزيد من التفاصيل


 

 

 

24/04/2018

إعلان شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت

تعلن شركة الراجحي المالية عن تغيير في عضوية مجلس إدارة صندوق الراجحي ريت بسبب تعيين عضو مجلس الإدارة الأستاذ / احمد بن عبدالرحمن المحسن كعضو غير مستقل وذلك أعتباراً من تاريخ 06/08/1439هـ الموافق 22/04/2018م ليصبح أعضاء مجلس إدارة الصندوق بعد التغيير:

  1. قوراف شاه ( رئيس مجلس الصندوق)
  2. عبدالعزيز بن علي السبت (عضو غير مستقل)
  3. عبدالكريم بن عبدالله البواردي (عضو غير مستقل)
  4. احمد بن عبدالرحمن المحسن (عضو غير مستقل)
  5. خالد بن حمد البسام (عضو مستقل)
  6. فراس بن صالح السعيد (عضو مستقل)

 

 

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