NPDi-Reit earns 29.72M AED in Q1 2026
INB D REIT announced its financial results for the first quarter of 2026, achieving a net profit of 29.72 million dirhams. The property portfolio increased by 5.6% to reach 1.592 billion dirhams, while net assets rose by 11.3% to 966.31 million dirhams. Occupancy levels remained high at 95%, supported by improved income from rentals, reduced operating expenses, and lower fund financing costs, all of which significantly strengthened the financial performance. Experts anticipate continued strong performance driven by an active management strategy and positive valuations, aimed at delivering sustainable returns to shareholders throughout the remaining year.
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