
Alinma Hospitality REIT Fund is the first real estate investment fund that is specialized in the hotel sector in the Saudi market. It is a closed public real estate investment fund that complies with Sharia standards and controls and is established in accordance with the Real Estate Investment Funds Regulations. The fund’s investment objective is to increase cash dividends to unit holders and to develop the fund’s assets through direct investment in structurally developed and income-generating real estate. The fund intends to focus heavily on the hotel, hospitality and tourist accommodation sectors. The fund also aims to distribute profits at least twice a year, so that the dividends shall not be less than (90%) of the fund’s net profits.
This funds provides diversity to the real estate funds market in Saudi Arabia and allows investors to diversify their investment portfolios based on their investment potentials and orientations.