Al-Rajhi REIT's losses increased by 801.9% to reach 159.26 million riyals by the end of the first half of the year 2021, compared to about 17.66 million riyals losses for the same period of 2020.
According to Arabiya Net, the fund's financial statements showed that Saudi Tadawul recorded, today, Wednesday, net assets of about 1.307 billion riyals, and total expenses and fees amounted to about 51.3 million riyals.
The net value of the unit at fair value was 8.24 riyals, while the net value of the unit at nominal value was 8.08 riyals.
The return for the period was 5.6%, which is the percentage of distributions on an annual basis based on the nominal value.
According to the financial statements, the income from operations amounted to 45.82 million riyals for the period ending on June 30, 2021, equivalent to 0.28 riyals per unit.