CRE Logistics REIT, Inc (JP:3487) has released an update.
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CRE Logistics REIT, Inc. reports slight declines in its financial performance for the first half of 2024, with operating revenues, operating income, ordinary income, and net income all seeing a reduction compared to the previous period of 2023. Despite the downturn, they maintain a 100% payout ratio with distributions per unit, including surplus distributions, at 3,654 yen. Looking ahead, the company forecasts an increase in financial figures for the second half of 2024 and the first half of 2025.
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