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The latest update is out from CRE Logistics REIT, Inc ( (JP:3487) ).
CRE Logistics REIT, Inc. reported a positive financial performance for the second half of 2024, with increases in operating revenues, operating income, and net income compared to the previous period. The results reflect a solid operational strategy, leading to a net income per unit rise and maintaining a 100% payout ratio. The company also provided forecasts for 2025, indicating continued growth with modest increases in operating revenues and distributions per unit, strengthening its position in the logistics REIT sector.
More about CRE Logistics REIT, Inc
CRE Logistics REIT, Inc. operates in the real estate investment trust (REIT) sector, with a focus on logistics properties. The company is listed on the Tokyo Stock Exchange and is managed by CRE REIT Advisers, Inc., which concentrates on optimizing returns from its portfolio of logistics facilities.
YTD Price Performance: 6.69%
Average Trading Volume: 1,980
Technical Sentiment Consensus Rating: Sell
See more insights into 3487 stock on TipRanks’ Stock Analysis page.