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Alahli REIT Fund 1 (SAU:4338) Buildings And Improvements : ﷼0.0 Mil (As of Jun. 2023)


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What is Alahli REIT Fund 1 Buildings And Improvements?


Alahli REIT Fund 1 Buildings And Improvements Historical Data

The historical data trend for Alahli REIT Fund 1's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alahli REIT Fund 1 Buildings And Improvements Chart

Alahli REIT Fund 1 Annual Data
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Alahli REIT Fund 1 Semi-Annual Data
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Alahli REIT Fund 1 Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Alahli REIT Fund 1 (SAU:4338) Business Description

Industry
Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495
Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.

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