REIT Fund Audit Saudi Arabia
CMA-approved audit services for Saudi Real Estate Investment Trusts (REITs) — NAV calculation, IFRS financial statements, and CMA regulatory filing support.
Saudi Arabia's Real Estate Investment Trust (REIT) sector has grown rapidly since CMA's REIT regulations were introduced in 2016, with over 20 listed REITs on Tadawul offering retail investors access to income-generating real estate. CMA regulations require all listed REITs to appoint a CMA-approved external auditor to audit their annual financial statements and provide specific opinions on Net Asset Value (NAV) calculations and fund manager compliance.
Intelli Solutions provides specialist REIT fund audit services — including IFRS-compliant audit of fund financial statements, NAV verification, CMA regulatory filing support, and investment property valuation review — for both listed and unlisted Saudi real estate funds.
REIT Audit Requirements in Saudi Arabia
CMA Regulatory Audit
Annual audit of REIT financial statements by CMA-approved auditor. Filed with CMA within 3 months of year-end. Auditor must also report on compliance with CMA REIT regulations.
NAV Calculation Review
Independent review of the Net Asset Value calculation — including fair value assessment of investment properties, treatment of fund expenses, and distribution calculations.
IFRS 40 Investment Property
Audit of investment property fair value measurements under IAS 40 — including review of independent valuation reports and consistency of valuation methodology.
Income Distribution Audit
Verification that income distributions comply with CMA minimum distribution requirements (90% of net distributable income) and are correctly calculated and disclosed.
Related Audit Services
REIT Fund Audit Saudi Arabia — Key Facts
Frequently Asked Questions — REIT Fund Audit Saudi Arabia
Other Audit & Financial Services
Managing a Saudi REIT or Real Estate Fund?
CMA-compliant REIT audits with specialist investment property expertise. Free engagement scoping call.