|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.
It will offer UAE and GCC investors access to a sector with long-term fundamentals, through a strategy focused on investing in strong-performing UAE sectors, including healthcare, education and industrial assets.
The REIT has target size of AED 800 million managed by Al Mal Capital PSC with the following objective:
|Previous Close||3.49||Number of Shares (mln)||350.06|
|Change (%)||0.00||Market Cap (mln)||1,221.72|
|Key Figures (AED'000)||2021|
|Loss for the period||(8,036)|
|Total comprehensive loss for the period||(8,036)|
|Total unitholder's equity||342,028|
|Net cash used in operating activities||(1,389)|
|Net cash generated from investing activities||(305,275)|
|Net cash generated from financing activities||350,064|
|Basic and diluted loss per unit (AED)||(0.023)|
|Net asset value per unit (AED)||0.977|