Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Arena REIT ( (AU:ARF) ) has provided an announcement.
Arena REIT reported strong financial results for the half-year ended 31 December 2024, with a 10% increase in total income from ordinary activities to $52.3 million and an 87% rise in profit after tax to $36.3 million. These results highlight Arena REIT’s robust market positioning and capacity to deliver enhanced returns to its investors, reflecting significant operational improvements and effective asset management strategies.
More about Arena REIT
Arena REIT is a real estate investment trust involved in the management and investment of properties in sectors such as childcare, healthcare, and education. It comprises Arena REIT Limited, Arena REIT No.1, and Arena REIT No.2, focusing on providing stable income and capital growth for its investors.
Average Trading Volume: 706,837
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.55B
Learn more about ARF stock on TipRanks’ Stock Analysis page.
