Derayah REIT units hit lifetime high

16/06/2021 Argaam Special

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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