Logo ofDerayah REIT Fund
Derayah REIT Fund inked a Shariah-compliant credit facility deal worth SAR 750 million withAlinma Bank, fund manager Derayah Financial said in a statement toTadawul. 
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The 5-year agreement aims to refinance the fund’s existing facilities, which currently stand at SAR 603 million. The decision was driven by the favorable terms of the new facility, particularly the lower profit margin compared to the previous financing.
The agreement is expected to positively impact the fund’s financial performance and results, owing to the reduced fixed profit margin and the extended financing period, the statement added.
Moreover, the unused portion of the facility will enable the fund to explore new real estate acquisitions, supporting future growth opportunities.
The financial impact of this agreement is expected to appear in 2026, the statement noted.
Logo ofDerayah REIT Fund
Derayah REIT Fund inked a Shariah-compliant credit facility deal worth SAR 750 million withAlinma Bank, fund manager Derayah Financial said in a statement toTadawul.
For more news on listed companies
The 5-year agreement aims to refinance the fund’s existing facilities, which currently stand at SAR 603 million. The decision was driven by the favorable terms of the new facility, particularly the lower profit margin compared to the previous financing.
The agreement is expected to positively impact the fund’s financial performance and results, owing to the reduced fixed profit margin and the extended financing period, the statement added.
Moreover, the unused portion of the facility will enable the fund to explore new real estate acquisitions, supporting future growth opportunities.
The financial impact of this agreement is expected to appear in 2026, the statement noted.
