Alinma Hospitality REIT Fund (4349.SR) SAU
Currency In SAR
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In SAR
Address
King Fahd Branch Rd, Al Olaya, Riyadh 12214
Riyadh, Riyadh Province 12214
Saudi Arabia
Phone
8004413333
Website
Sector
Real Estate
Industry
REIT - Hotel & Motel
Employees
N/A
First IPO Date
February 01, 2023
The Fund's primary goal is to deliver consistent and increasing cash distributions to its unitholders. This objective is met through direct investments in mature, income-generating real estate assets. A significant emphasis is placed on properties within the hotel, hospitality, and tourism accommodation sectors. While the Fund may selectively invest in real estate development projects, a minimum of 75% of its total assets must consistently be held in developed properties that are actively generating rental income.