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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 09/05/2025
Currency AED Volume 0
Previous Close 0.97 Number of Shares (mln) 750.06
Change (%) 0.00 Market Cap (mln) 727.56
Key Figures (AED'000) 2022 2023 2024
Income 23,132 44,778 65,645
Total expense (4,912) (5,278) (7,453)
Profit/loss for the period 19,926 34,535 61,961
Total assets 355,272 624,037 1,055,646
Total liabilities 2,069 258,178 476,177
Total unitholder's equity 353,203 365,859 579,469
Net cash used in operating activities 13,347 49,290 43,124
Net cash generated from investing activities 706 (287,811) (164,086)
Net cash generated from financing activities (8,751) 209,809 125,869
Basic and diluted loss per unit (AED) 0.057 0.099 0.121
Net asset value per unit (AED) 1.009 1.045 1.128