KWD 64.8 Million

Net assets

KWD 1.23

NAV/Unit*

2.6 %

Year to date

*as of 31 Oct 2021

Fund Objective

MGREF is a privately placed open-ended fund, investing primarily in income generating properties with the aim to generate stable income and returns through sound acquisition, management and disposal of properties in the most promising segments of the real estate

Fund Performance

Fund price performance

Rebased @1 KWD since inception

Occupancy Rate

Collection Rate

Keyfacts

KWD 64.8 Million

Net assets

KWD 1.23

NAV/Unit

Real Estate

Type

Kuwait Financial Centre K.P.S.C.

Fund manager

Jun 2002

Fund inception

10% of net fund income

Managerment Fees

2%

Subscription fees

0

Redemption fees

100 Units

Min. Subscription

Monthly

Fund valuation

Gulf Custody Company

Custodian

Pricewaterhouse Coopers Al-Shatti & Co.

Auditors

Portfolio Statistics

868

Number of Units

17

Number of properties

0.9579%

Collection Rate (average of 12 months)

0.7408%

Occupancy Ratio (12 months average)

Resources

Markaz Real Estate Fund - Factsheet as of 31 Oct 2021

Markaz Real Estate Fund - Factsheet Archive

Markaz Real Estate Fund - Presentation

Markaz Real Estate Fund - Articles of Association

Markaz Real Estate Fund - Subscription Form

Fund Executive Committee Members

Abdullatif Al Nusif

Fund executive committee member

Abdullatif Al Nusif

Khaled Al-Mubaraki

Fund executive committee member

Khaled Al-Mubaraki

Milad Elia

Fund executive committee member

Milad Elia

Abdullatif Al Nusif

Fund executive committee member

Abdullatif Al Nusif