Alinma Capital Company manages two real estate funds traded on the main market, “TASI,” that invest in various real estate sectors, which provides an opportunity for clients wishing to achieve periodic and rental income by purchasing investment in these funds.
They are real estate investment funds available to the public, and they aim to facilitate investment in the real estate sector by participating in the ownership of these properties by purchasing units. Real estate investment funds are characterized by low minimum investment and ease of exit, as these units are traded in the financial markets.
The portfolio of real estate traded funds is concentrated in developed, income-generating properties that generate periodic income. These funds are subject to the rules and regulations of the Capital Market Authority, which oblige real estate traded funds to distribute a minimum of 90% of the net profits of the fund. This type of fund aims to develop capital over the long term. Medium and long term, with periodic and rental income.
| Fund Name | Fund Size | Unit offering price | Number of Distributions | Dividend Distributions 2024 | Terms & Conditions |
|---|---|---|---|---|---|
| Alinma Retail Reit Fund | 1,180,000,000 | 10 SAR | Twice a year | 0.32 |
|
| Alinma Hospitality Reit Fund | 1,020,021,000.00 | 10 SAR | Twice a year | 0.64 |
|