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RAM Essential Services Property Fund ( (AU:REP) ) has issued an announcement.
RAM Essential Services Property Fund announced a Q1 FY26 distribution of 1.25 cents per unit, aligning with its guidance and reflecting its strategic shift towards a healthcare-focused REIT. The fund has successfully divested 12 assets for approximately $120 million and plans further divestments, supporting its transition to a healthcare-heavy portfolio. With a robust financial outlook, the fund reaffirms its annual distribution guidance, offering an attractive yield. The transition is bolstered by strong investor support and favorable market conditions, including demographic trends driving increased demand for healthcare services.
The most recent analyst rating on (AU:REP) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on RAM Essential Services Property Fund stock, see the AU:REP Stock Forecast page.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund (ASX: REP) operates in the real estate investment trust (REIT) industry, focusing on healthcare properties. The company aims to become a leading listed healthcare REIT, capitalizing on market opportunities within the healthcare sector to provide lower volatility and stronger growth prospects.
Average Trading Volume: 418,818
Technical Sentiment Signal: Buy
Current Market Cap: A$315.7M
See more insights into REP stock on TipRanks’ Stock Analysis page.