Al Mal Capital REIT Invites Investors To Subscribe To Follow-On Public Offering With Dividend Announcement For H1 2025

Al Mal Capital REIT (AMC REIT), the first Real Estate Investment Trust listed on the Dubai Financial Market (DFM) and regulated by the Securities and Commodities Authority (SCA), is inviting current unitholders and investors from the UAE and GCC to participate in a follow-on public offering (FPO). This offering aims to issue up to 220 million new units at AED1.1 each, raising the fund's capital from AED513,889,872 to AED733,889,872.

The subscription period for this FPO will run from 7th July to 25th July 2025. Trading of these new units is anticipated to start on the DFM around 8th August 2025, pending regulatory approvals. The funds raised will be used to expand AMC REIT's portfolio with income-generating real estate assets in sectors like healthcare, education, and industrial assets.

The FPO is accessible to both retail and institutional investors in the UAE and GCC. Priority allocation will be given to existing unitholders as of 26th June 2025. These investors will receive units equal to about +39% of their current holdings, ensuring their ownership remains stable after the capital increase.

A secondary allocation of any remaining unsubscribed units will offer a Minimum Guaranteed Allocation (MGA) of up to 2,000 units per eligible new subscriber, depending on demand and availability. This ensures that new investors have an opportunity to participate in this offering.

Since 2023, Al Mal Capital REIT has consistently delivered a return of 7%. It aims to maintain returns of approximately +7% for its investors. In line with this performance, AMC REIT has declared a cash dividend of AED0.0375 per unit for the interim period ending 30 June 2025. This represents an annualized yield of 7.5%.

To qualify for this dividend, investors must purchase units by 24 June 2025. Only those recorded as unitholders by 26 June 2025 will be eligible for this payout.

Strong Management and Regulatory Framework

Managed by Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC, AMC REIT benefits from a robust SCA-regulated framework. An experienced committee oversees compliance with regulatory standards while identifying investment opportunities. This ensures that the fund maintains its strong track record in managing income-generating commercial real estate assets.

Naser Al Nabulsi, Vice Chairman and CEO at Al Mal Capital, stated: "There is a growing investor appetite for Regional REITs as shown by recent offerings on the DFM that saw record-breaking retail participation, especially in the UAE. We are therefore pleased that we can offer more investors a chance to access Al Mal Capital REIT, the first REIT listed on the DFM, which continues to deliver strong and consistent dividends. Our focus on resilient real estate sectors which offer sustainable and recurring income based on secure cashflow and long-term demand will be very attractive for both institutional and retail buyers."

Diversified Portfolio Focused on Secure Sectors

AMC REIT invests in a diversified portfolio within the UAE that generates income through secure long-term leases with strong credit profiles. The fund targets sectors such as healthcare, education, and industrial assets known for their stable performance.

This strategy offers UAE and GCC investors access to an asset class with solid long-term fundamentals. By focusing on these resilient sectors, AMC REIT aims to provide sustainable returns based on secure cash flows.

The upcoming FPO provides an opportunity for existing unitholders and new investors alike to benefit from AMC REIT's strategic investments in high-demand sectors within the region.

With inputs from WAM