Alinma Hospitality REIT Fund (4349.SR)

SAR 8.33

(-0.48%)

Market Cap (In SAR)

849.67 Million

Revenue (In SAR)

89.45 Million

Net Income (In SAR)

60.44 Million

Avg. Volume

332.86 Thousand

Currency
SAR
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
0.0-10.0
PE
-
EPS
-
Beta Value
0.1681981
ISIN
SA15L0523UH6
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Hotel & Motel
CEO
-
Employee Count
-
Website
www.alinmainvest.com
Ipo Date
2023-02-01
Details
The investment objective of the Fund is to achieve continuous and growthable cash dividends for unitholders and to develop the Fund''s assets through direct investment in structurally developed and income-generating real estate. The Fund intends to focus heavily on the hotel sector, hospitality and tourist accommodation in its investments. The Fund may invest partially in real estate development projects, provided that the assets of the Fund invested in real estate developed for construction development and capable of realizing periodic rental income are not less than (75%).