39%Marvela

Compound

18%AlYaum Tower

14%AlSulay

Warehouses

16%AlFanar Complex

13%AlMaarefah Univirsity

Portfolio Allocationby Asset

15%Khober

67%Riyadh 18%

Damamm

Portfolio Allocationby Geography

13%Educational

14%Industrial

10%Retail

45%Residential

18%Offices

Portfolio Allocationby Sector

Outstanding Units 158,000,000

Fund Manger Jadwa Investment Company

Dividend Frequency Quarterly

Tadawul Ticker 4342

Bloomberg Ticker JADWAREI AB Equity

REIT Information

Number of properties 5

Number of Tenants 3

Total Built Up Area 428,200 Sqm

Total Land Areas 377,502 Sqm

WAULT 6.2 Years

Occupancy 100%

Portfolio Statistics

Jadwa REIT Saudi Fund is a closed-ended Shariah compliant real estate investment-traded fund listed in the Saudi Stock Exchange “Tadawul”. The primary investment objective of the Fund is to provide its investors with regular income by investing in income-generating real estate assets in Saudi Arabia, excluding the Holy Cities of Makkah and Medina across different real estate sectors.

Q2

11.03

Q3

11.03

Q1

10.95

Q4

11.03

2018

NAV/unit

Q2

0.18

Q3

0.18

Q1

0.1

Q4

0.18

2018

Dividend Distributions (SAR/unit)

Fact Sheet - Q4 2018

Jadwa REIT Saudi Fund at a Glanceas of 31 December 2018

Market Cap SAR 1.38 Bn

Market unit price SAR 8.75

Net Asset Value (NAV) SAR 1.74 Bn

NAV Per Unit* SAR 11.03

Portfolio Value SAR 1.69 Bn

*Fair value NAV per unit is calculated on the basis of the average fair value of the Fund's

portfolio, which were valued by two independant certified evaluators as of 31/12/2018

2018

Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

12111098765

Market unit price and NAV/unitSince inception to 31 December 2018

NAVPrice

SAR/Unit

Fact Sheet - Q4 2018

UnauditedBalance Sheet (SAR Million)

Key Indicators

UnauditedIncome Statement (SAR Million)

from 11 Feb 2018 to 31 Dec 2018

from 11 Feb 2018 to 31 Dec 2018

As of 31 Dec 2018

57.4

1,524.4

1,581.7

6.97

-

6.97

1,574.8

Revenues

Direct expenses*

Gross profit

Fund expenses

Net profit

117.5

(35.8)

81.7

(14.2)

67.5

Current Assets

Non-current assets

Total Assets

Current liabilities

Non-current liabilities

Total liabilities

Net Asset Value

* Unit price as of 31 Dec 2018

* Inclusive of depreciation expesnses

Fund from operation (FFO)

FFO per unit

Dividend per unit

Annualized rental income to unit price*

Annualized Dividend Yield*

Expense Ratio

Loan-to-value ratio

SAR 103 mn

SAR 0.65

SAR 0.64

9.65%

8.3%

0.88%

0%

Fund Update: • On 1/10/2018, the Fund has obtained a SAR 1 billion Shariah Compliant Facility from Banque Saudi Fransi to finance the new acquisition of income-generating properties.

reit.jadwa.com

DisclaimerJadwa Investment or its directors, staff, or affiliates makes no warranty, representation or undertaking whether expressed or implied, nor does it assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information that is contained in this material. It is not the intention of this material to be used or deemed as an advice, option or for any action that may take place in future. Unless otherwise stated, all information contained in this material shall not be reproduced, in whole or in part, without the specific written permission of Jadwa Investment. The content of this document is for information purposes only. Jadwa Investment does not hold itself out as providing legal, financial or other advice via this document. To ensure proper understanding of the Fund and its suitability for you according to your risk appetite, we recommend that you seek specialist investment advice.Investments in Jadwa’s products are governed by their Terms and Conditions. While reading the product’s Terms and Conditions, please refer to the principal risks of investing in the product. Some products are exposed to foreign currencies and changes in currency exchange rates and other risks that may have an adverse effect on the value and price. The product’s value is subject to fluctuations and the investor may not receive the full amount that is originally invested. The information provided in this document can be changed at any time without prior notice. Past performance is not indicative of future returns. Jadwa Investment is authorized and regulated by the Capital Market Authority of Saudi Arabia.