| Element List | Explanation |
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| Introduction | Musharaka Capital announces the availability of Musharaka REIT Fund’s semi-annual valuation reports as of 31 December 2025. The valuation was conducted by ESTNAD Real valuation Company, ESNAD Real Estate Valuation Company, ValuStrat Real Estate Valuation Services, LLC, and JLL Valuation LLC, who are all independent and licensed valuers, registered with the Saudi Authority for Accredited Valuers. For a copy of the reports, please click the link below: ESTNAD Reports as of 31 December 2025 https://musharaka.sa/wp-content/uploads/2026/03/Estanad-EN-valuation-reports-31-Dec-2025.pdf ESNAD Reports as of 31 December 2025 https://musharaka.sa/wp-content/uploads/2026/03/ESNAD-ENG-Properties-Valuation-Report-for- Musharaka-REIT-Fund-.pdf ValuStrat Report (The Box Self-storage) as of 31 December 2025 https://musharaka.sa/wp-content/uploads/2026/03/VR-Plot-267-591-8404-Jabal-Ali-1st-Dubai-Musharaka-Capital-CJSC-ENG.pdf JLL Report (The Box Self-storage) as of 31 December 2025 https://musharaka.sa/wp-content/uploads/2026/03/V26-0070-Musharaka-Capital-Co-CJSC-The-Box-Self-Storage-DXB-UAE-English.pdf |