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Sun Residential Real Estate Investment Trust ( (TSE:SRES) ) has provided an update.
Sun Residential Real Estate Investment Trust reported a revenue increase for the second quarter of 2025, despite a decrease in net income due to a loss on asset sales. The company has sold its two properties and is in the process of winding up, with distributions being made to unitholders, marking a significant shift in its operations and signaling its eventual delisting.
More about Sun Residential Real Estate Investment Trust
Sun Residential Real Estate Investment Trust operates in the real estate investment sector, focusing on residential properties. The company is involved in the acquisition, ownership, and management of residential real estate assets, primarily targeting income-generating properties.
Average Trading Volume: 238,553
Technical Sentiment Signal: Buy
Current Market Cap: C$2.03M
For detailed information about SRES stock, go to TipRanks’ Stock Analysis page.