Riyadh—Mubasher: Mulkia Gulf Real Estate REIT reported total rental income of SAR 25.89 million for the third quarter (Q3) of 2026, representing a 5.64% ratio of rental income to the unit price.
The fund’s total asset value reached SAR 1.59 billion as of the end of the period, while the net asset value (NAV) stood at SAR 824.98 million.
The NAV per unit was recorded at SAR 7.95, compared to a market trading price of SAR 4.42 at the end of the quarter.
Total expenses and fees for the period amounted to 1.46% of the total asset value, including depreciation and management fees.
Financial data indicates the fund’s leverage ratio reached 44.06% of total asset value, with a loan exposure duration of 1.2 years and a maturity date of 28 December 2027.
Mulkia Investment disclosed that it holds a 3.51% ownership stake in the fund’s 103.76 million outstanding units as of 30 September 2026.
The fund continues to focus its portfolio on commercial, industrial, and residential sectors within Saudi Arabia.
At the end of June 2026, the fund reported a net profit of SAR 13.09 million, a recovery compared to the SAR 9.76 million net loss a year earlier.
