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Sun Residential Real Estate Investment Trust ( (TSE:SRES) ) just unveiled an update.
Sun Residential REIT reported positive financial results for 2024, with a notable increase in revenue and net rental income. The company showed a 3.8% growth in funds from operations and maintained a strong occupancy rate of 95%. The CEO expressed confidence in continuing favorable trends in 2025, particularly highlighting the robust performance of the Evergreen at Southwood property and ongoing renovations at a Cape Coral property.
More about Sun Residential Real Estate Investment Trust
Sun Residential Real Estate Investment Trust is a company operating in the real estate industry, primarily focusing on investment properties and development. It deals with income-generating residential properties, aiming to provide strong financial returns in a healthy market environment.
YTD Price Performance: 0%
Average Trading Volume: 269,308
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$11.18M
For a thorough assessment of SRES stock, go to TipRanks’ Stock Analysis page.