Alinma Hospitality REIT Fund (4349.SR) SAU
Currency In SAR
- General
- Statistics
- Historical Data
- Profile
- Financials
Alinma Hospitality REIT Fund
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
Key Executives
N/ADescription
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.