Alinma Hospitality REIT Fund (4349.SR) SAU

Currency In SAR

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Alinma Hospitality REIT Fund

Address

Al Anoud South Tower - 2, King Fahd Road, Olaya District

Riyadh, Riyadh Province 11544

Saudi Arabia

Phone

8004413333

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

February 01, 2023

Key Executives

N/A
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Description

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.

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