<Among the funds that recorded the largest increase in their assets was SEDCO Capital REIT, which added about 1.15 billion riyals in loan financing, with a growth rate of 46.6%. During 2025, the fund signed a contract to purchase the Atelier Lavi property in Jeddah worth SAR 515 million and boosted its bank facility limit to SAR 1.869 billion, enhancing its ability to purchase new assets.
Bonyan REIT
Bunyan REIT also completed in mid-August 2025 the transfer of ownership of an office tower in Riyadh's Al Sahafa neighborhood worth SAR 225 million, with Shari'ah-compliant financing. Alinma Retail REIT's assets increased by 25.8% to reach SAR 1.476 billion after signing an agreement to purchase an office property in Riyadh's Al Qayrawan neighborhood.
On the other hand, Riyad REIT saw the largest decrease in its assets during the year, as its assets fell to SAR 2.697 billion, a decrease of SAR 223 million compared to 2024, due to the sale of several properties, including “Beach Tower” in Dammam and "Al Ezdhar" in Riyadh.
Riyadh REIT's assets decreased by 25.8% to reach SAR 1.476 billion.
On the other hand, the assets of Taaleem REIT rose by 32.2% to reach SAR 1.134 billion, with acquisitions and expansions in Al Yasmeen and Islamic Education Schools.
On the other hand, the assets of Taaleem REIT increased by 32.2% to reach SAR 1.134 billion. As for the funds“ net assets, they increased to 19.5 billion riyals in 2025 compared to 18.6 billion riyals in 2024, however, 10 funds saw their net assets decline between 0.4% and 22.1%, while 10 other funds achieved increases between 2.1% and 60.2%.
On the other hand, Taleem REIT's net assets increased by 32.2% to reach 1.134 billion riyals, with acquisitions and expansions in Jasmine and Islamic Education schools.
Market capitalization
<In terms of market capitalization, the total market capitalization of REITs decreased to 14.9 billion riyals at the end of 2025, compared to 16.2 billion riyals in 2024, a decrease of 7.9%, equivalent to 1.283 billion riyals. The market value of 17 funds declined, while the market value of only three funds increased, namely Bunyan REIT by 10.8%, Waha REIT by 7%, and Al Azizia REIT by 2%.
Highlights of REITs” asset developments in 2025 compared to 2024:
SEDCO Capital REIT: Assets rose to 3.632 billion riyals, up 46.6%.
Assets rose to 3.632 billion riyals, up 46.6%.
Al Rajhi REIT: Assets stable at SAR 3.185 billion with a slight increase of 1.4%.
Banyan REIT: Strong growth as assets increased to 2.914 billion riyals, up 36%.
Assets increased to 2.914 billion riyals, up 36%.
Jedwa Saudi REIT: Assets nearly flat at 2.787 billion riyals.
Riyadh REIT: Assets decreased to 2.697 billion riyals, down 7.6%.
Riyadh REIT.
Elem REIT: Up 32.2% to 1.134 billion riyals.
Enma Retail REIT: Significant increase to SAR 1.476 billion.
Summary of the market capitalization of REITs by the end of 2025:
Jadwa REIT Saudi Arabia led the market capitalization rise with SAR 2.083 billion, up 10.8%.
Jadwa REIT led the market capitalization rise with SAR 2.083 billion, up 10.8%.
Waha REIT reached a market capitalization of SAR 192 million, up 7%.
Azizia REIT recorded an increase of 2% to reach SAR 231 million. <In contrast, funds such as Riyad REIT and SEDCO Capital REIT saw notable market declines of 27.1% and 20.1%, respectively.
