Riyadh — Mubasher: Alkhabeer REIT Fund reviewed interim financial results for the first half (H1) of 2026, with net profits valued at SAR 18.17 million, supported by rental income totaling SAR 62.01 million.
According to the regulatory filing, the fund’s total assets reached SAR 1.67 billion, while its net asset value (NAV) based on fair value stood at SAR 1.27 billion.
Total expenses and fees for H1-26 amounted to SAR 43.83 million, which included finance costs of SAR 11.37 million and depreciation of real estate investments and right-of-use assets totaling SAR 31.58 million.
The fund manager, Alkhabeer Capital, reported that the NAV per unit reached SAR 8.985 based on fair value, with 141 million units outstanding. The return for the period was recorded at 3.59%.
Additionally, the fund disclosed total distributions of SAR 29.61 million for the period from 1 October 2025 to 31 March 2026, representing a payout of SAR 0.105 per unit.
The fund continues to utilize credit facilities totaling SAR 587.50 million, with unutilized limits of SAR 447.50 million available.
