Al-Ahli REIT 1 Reports 34.6 Million Riyals Net Income in Second Quarter
Al Ahli REIT Fund 1 achieved a net income of 34.61 million Riyals in the second quarter of 2026, while its asset value exceeded 2.01 billion Riyals at the end of the period. Revenue for the first half of the year reached 116.31 million Riyals, compared to direct expenses of 46.28 million Riyals, and Islamic financing amounting to 23.34 million Riyals. The fund focuses on real estate assets including shopping centers and hotels, with a high occupancy rate reaching up to 100% in some assets. It regularly distributes profits amounting to at least 90% of its net earnings.
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