KWD 72.02 Million

Net assets

KWD 1.26

NAV/Unit*

0.68 %

Year to date

*as of 28 Feb 2023

Fund Objective

The objective of Markaz Real Estate Fund is to generate stable and recurring returns, in compliance with the Islamic Shari’ah, by investing in a portfolio of real estate properties within the state of Kuwait during the life of the fund.

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Fund Performance

Fund price performance

Rebased @1 KWD since inception

Occupancy Rate

Collection Rate

Keyfacts

KWD 72.02 Million

Net assets

KWD 1.26

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

908

Number of Units

17

Number of properties

0.98%

Collection Rate (average of 12 months)

0.8782%

Occupancy Ratio (12 months average)

Resources

Markaz Real Estate Fund - Factsheet as of 31 Jan 2023

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

Bassam N. Al-Othman

Fund executive committee member

Bassam N. Al-Othman

Milad Elia

Fund executive committee member

Milad Elia

Khaled Al-Mubaraki

Fund executive committee member

Khaled Al-Mubaraki

Abdullatif Al Nusif

Fund executive committee member

Abdullatif Al Nusif