Mulkia Gulf REIT posts SAR 6 mln net profit for FY17

25/02/2018 Argaam

 

Mulkia Gulf Real Estate REIT Fund reported a net profit of SAR 5.5 million for the period from Nov. 5, 2017 to Dec. 31, 2017, Mulkia Investment Co., the fund manager, said in a statement to Tadawul on Sunday. 

 

The fund’s net asset value stood at SAR 605.5 million.

 

Total expenses and fees reached SAR 2.3 million for the same period, the statement added.

 

The fund was launched on Nov. 5, 2017.

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