Company Mulkia Gulf Real Estate REIT

Equities

4336

SA14CG523O51

Specialized REITs

Market Closed - Saudi Arabian S.E. 05:02:37 21/05/2024 pm IST 5-day change 1st Jan Change
5.61 SAR 0.00% Intraday chart for Mulkia Gulf Real Estate REIT -2.76% -6.78%

Business Summary

Mulkia Gulf Real Estate Reit Fund is a Saudi Arabia-based company, which operates as a real estate investment trust. The Company is a closed-end real estate investment fund that is compliant with Islamic Shari’ah regulations. Mulkia Gulf Real Estate Reit Fund’s objective is the acquisition of income generating real estates, which are under more than three specific real estate assets in major cities within Saudi Arabia, within more than 59 days of the completion of the offering. In the event that the offering is not completed, the fund manager carries out the procedures referred to in the terms and conditions. The Fund Manager acknowledges the absence of the property targeted of any irregularities that prevent or may result in the non-utilization of the property or its operation. The Company’s fund manager is Mulkia Investment Company. The Company operates through its subsidiary Vivienda Hotel Villas Al Hada.

Sales per Business

SAR in Million2022Weight2023Weight Delta
Rent
68.4 %
70 73.0 % 78 68.4 % +11.99%
Hotel
31.6 %
26 27.0 % 36 31.6 % +39.89%

Sales per region

SAR in Million2022Weight2023Weight Delta
Saudi Arabia
100.0 %
96 100.0 % 115 100.0 % +19.53%

Managers

Managers TitleAgeSince
Chief Operating Officer - -
Investor Relations Contact - -

Members of the board

Members of the board TitleAgeSince
Chairman - -
Director/Board Member - 11/17/11
Director/Board Member - 25/19/25
Director/Board Member - 25/19/25
Director/Board Member - 30/20/30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 103,765,995 49,124,728 ( 47.34 %) 0 47.34 %

Shareholders

NameEquities%Valuation
Gulf Real Estate Co.
25.53 %
26,496,000 25.53 % 42 M ﷼
7,137,930 6.879 % 11 M ﷼

Company contact information

Mulkia Gulf Real Estate REIT Fund

The Elite Mall Prince Abdul Aziz Bin Jalawi Street

12234, Riyadh

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http://www.mulkia.com.sa/mulkia-gulf-real-estates-reit-fund/
address Mulkia Gulf Real Estate REIT(4336)
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