Mitsubishi Estate Logistics REIT Investment Corp. (JP:3481) has released an update.
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Mitsubishi Estate Logistics REIT reported strong financial results for the fiscal period ending August 31, 2024, with significant growth in operating revenues and income compared to the previous period. The REIT achieved a net income of 4,834 million yen, reflecting a 30% increase, and maintained a 100% payout ratio for its distributions. Looking ahead, the company forecasts a slight decline in operating revenues and income for the fiscal periods ending in 2025.
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