SOSiLA Logistics REIT,Inc. (JP:2979) has released an update.
SOSiLA Logistics REIT, Inc. reports a slight decline in its financial performance for the fiscal period ended May 2024, with operating revenues, operating profit, and ordinary profit decreasing by 1.9%, 1.8%, and 2.5%, respectively, compared to the previous period. The company maintained a stable payout ratio of 100% and a net asset value per unit at 109,014 yen, a marginal decrease from November 2023. Looking ahead, SOSiLA projects a small increase in operating revenues by November 2024, followed by a slight decrease in May 2025, with corresponding profits and distributions per unit expected to remain relatively stable.
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