Almal Capital profits rise 113%
Capitalize REIT fund posted a 113% increase in its profits during the first half of 2026, reaching 42.2 million dirhams compared to 19.8 million dirhams in the same period of the previous year. This growth is attributed to a 43% increase in rental revenues, which amounted to 59 million dirhams, along with gains from unrealized property revaluation of 13.4 million dirhams. Additionally, the net asset value stood at 813.3 million dirhams, with a book value per unit of 1.15982 dirhams.
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