Mulkia Gulf Real Estate REIT’s profits exceed SAR 13m end June 2026

MULKIA REIT
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Riyadh—Mubasher: Mulkia Gulf Real Estate REIT disclosed its interim financial results for the six-month period that ended on 30 June 2026.

The fund reported a net profit of SAR 13.09 million, a significant recovery compared to the SAR 9.76 million net loss recorded during the same period in 2025.

Total expenses and fees for the period amounted to SAR 44.87 million, while total comprehensive income reached SAR 13.53 million.

Basic earnings per unit stood at SAR 0.13. The fund manager noted that the return for the period, calculated by dividing net profit by net assets, was 1.86%.

At the end of June 2026, the fund’s net asset value (NAV) based on book value was SAR 704.83 million, resulting in a per-unit NAV of SAR 6.79. However, when calculated using the fair value of real estate valuations, the NAV rose to SAR 825.02 million, or SAR 7.95 per unit.

Total depreciation costs for the period were SAR 11.30 million. There were 103.76 million units outstanding at the end of the term. Following the period end, the fund manager announced a cash dividend distribution of SAR 8.30 million for Q2-26.

Earlier this month, the fund distributed a total of SAR 8.30 million in cash dividends across 103.76 million outstanding units for the second quarter (Q2) of 2026.

Source: Mubasher Source: {{details.article.source}}