Riyadh – Mubasher: Saudi Fransi Capital, the fund manager of Bonyan REIT, announced a total asset value of SAR 2.96 billion based on the most recent valuation in the third quarter (Q3) of 2026.
Net asset value (NAV) for the fund's units amounted to SAR 2.22 billion.
The fund’s portfolio comprises 13 properties across Saudi Arabia, including retail malls, residential complexes, and hospitality assets.
Financial disclosures for the quarter showed a net asset value per unit of SAR 13.62 based on valuation, while the book value per unit stood at SAR 8.34. The unit price closed the quarter on the Saudi Exchange (Tadawul) at SAR 9.44.
Total expenses and fees for the period reached SAR 72.82 million, representing 3.28% of the total asset value on an annualized basis. This figure includes management fees of SAR 5.05 million and financial costs of SAR 28.67 million.
The fund’s leverage ratio was reported at 21.59% of total assets, with a debt maturity date set for March 2029.
Rental income relative to the unit price was recorded at 3.25% for the quarter. No dividends were distributed during Q3-26.
Bonyan REIT Fund reported a net profit of SAR 46.22 million as of 30 June 2026, compared to SAR 54.76 million during the same period in 2025.
