GLP J-REIT (JP:3281) has released an update.
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GLP J-REIT reports positive financial growth for the fiscal period ending August 31, 2024, with operating revenues and net income increasing by 6.3% and 10.2% respectively, compared to the previous period. Distributions per unit, including Optimal Payable Distributions (OPDs), rose to 3,158 yen, maintaining a 100% payout ratio. The company’s assets remained stable, with a slight increase in unitholder equity to total assets ratio and net assets per unit.
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