Strategy Note /
Saudi Arabia

Saudi REIT Sector – Q2 23

  • The Saudi REIT sector recorded a ytd decline of 2.3%, underperforming the market

  • Higher SAIBOR rates are expected to increase financing costs for the sector

  • The total MNAV for the sector stood at SAR17.6bn

Sarah Albassam
SNB Capital
25 May 2023
Published bySNB Capital


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