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Market: DUBAI Symbol: ALMAL ISIN: AEA003630067 Industry: Real Estate Investment Trusts

Al Mal Capital REIT is a closed ended real estate investment trust (REIT) that invests in a diversified portfolio of income generating real estate assets in the UAE and GCC, based on secure long-term lease agreements with a strong credit profile.

The Fund will offer UAE and GCC investors access to an asset class with long-term fundamentals, through a strategy focused on investing in strong-performing UAE sectors, including healthcare, education and industrial assets, with a target return of 7% from year one

The REIT has a target fund size of AED 500 million managed by Al Mal Capital PSC with the following objectives:


Share data 24/03/2023
Currency AED Volume 0
Previous Close 3.49 Number of Shares (mln) 350.06
Change (%) 0.00 Market Cap (mln) 1,221.72
Key Figures (AED'000) 2021 2022
Income 2,598 23,132
Total expense (5,359) (4,912)
Profit/loss for the period (8,036) 19,926
Total assets 343,820 355,272
Total liabilities 1,792 2,069
Total unitholder's equity 342,028 353,203
Net cash used in operating activities (1,389) 13,347
Net cash generated from investing activities (305,275) 706
Net cash generated from financing activities 350,064 (8,751)
Basic and diluted loss per unit (AED) (0.023) 0.057
Net asset value per unit (AED) 0.977 1.009