Riyadh — Mubasher: Derayah REIT Fund disclosed a fair value net asset value (NAV) of SAR 1.03 billion in the third quarter (Q3) of 2026.
The fund’s total assets were valued at SAR 1.70 billion, supported by a portfolio of 24 properties with a net rental yield on unit price of 4.37%.
The fund reported total bank facilities of SAR 610 million, representing a leverage ratio of 36% against total asset value. The exposure period for these facilities is four years.
As of the end of the third quarter, the market trading price per unit stood at SAR 5.25, while the fair value NAV per unit was SAR 9.59.
Operating costs for the quarter included a cost ratio of 0.690% and an expense ratio of 0.184%.
Derayah REIT Fund, which has 107.50 million issued units, maintains a policy of distributing at least 90% of net annual profits to unitholders.
The fund manager confirmed there were no fundamental or non-fundamental changes affecting the fund's assets during this reporting period.
In the first half (H1) of 2026, the fund reported a net profit of SAR 4.68 million, while total expenses and fees for the period amounted to SAR 43.15 million.
