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Logo of Derayah REIT Fund
Units of Derayah REIT Fund hit their highest level since listing, at SAR 13.82 today, June 16.
The fund closed at an increase of 5% at SAR 13.48, the highest closing since listing, with nearly 1.8 million units traded.
Accordingly, Derayah REIT jumped 50% since March 2020.
The fund, managed by Derayah Financial Co., was established in 2017 and listed in March 2018.
Derayah REIT Fund is a close-ended Shariah-compliant real estate traded investment fund.
The fund's current portfolio consists of 27 income-generating properties, spread across six cities and nine different real estate sectors in Saudi Arabia.
Derayah REIT Performance |
||
Annual High (SAR) |
13.82 |
Today, June 16 |
Annual Low (SAR) |
9.31 |
July 20, 2020 |
Historical High (SAR) |
13.82 |
Today, June 16 |
Historical Low (SAR) |
7.75 |
Oct. 14, 2018 |
Highest traded volume (mln unit) |
6.57 |
March 26, 2018 (First listing day) |
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