Al-Aqar Healthcare REIT. Stock Analysis ALAQAR.KL

Al-'Aqar Healthcare REIT engages in investing in the Shariah-compliant properties for commercial purposes. The company is headquartered in Petaling Jaya, Selangor and currently employs 24 full-time employees. The company went IPO on 2006-08-10. The principal activity of the Fund is to invest in shariah-compliant properties with the primary objective of providing unitholders with stable income distributions per unit and the potential for sustainable long-term growth of such distributions and net asset value per unit. The Fund's investment policy is to diversify its shariah-compliant real estate portfolio with a focus on healthcare-related real estate investment by property and location as well as to explore opportunities with attractive returns. The Fund's portfolio includes approximately 24 properties, comprising 17 hospitals and four wellness/health centers, two colleges in Malaysia and one aged care and retirement village in Australia. The Fund's manager is Damansara REIT Managers Sdn Berhad.