Riyadh – Mubasher: Saudi Fransi Capital (BSF Capital), the fund manager for Taleem REIT Fund, reported the financial statements for the third quarter (Q3) of 2026.
The fund reported total assets valued at SAR 1.08 billion based on the latest valuation, with net asset value (NAV) for unit holders standing at SAR 776.31 million.
The fund’s portfolio consists of seven educational properties located in Riyadh and Dammam, including Tarbya Islamia Schools and Al Rowad International Schools.
All assets maintained a 100% occupancy rate during the period. The fund manager confirmed that leverage reached 27.59% of total asset value, with the borrowing exposure maturing in January 2029.
Financial disclosures for the quarter showed a unit closing price of SAR 10.07 on the Saudi Exchange (Tadawul), while the NAV per unit based on the latest valuation was SAR 15.03.
Total expenses and fees for the year-to-date reached SAR 22.08 million, representing 2.73% of total asset value.
The fund, which distributes at least 90% of net annual profits, most recently paid a dividend of SAR 0.18 per unit for Q2-26.
Taleem REIT generated a net profit of SAR 19.76 million in the first half (H1) of 2026, supported by a total return of 3.95% for the period.
