Dividend Policy And Analyst ViewManagement reinstated a payout ratio of at least 50% of distributable income, improving cash-return visibility, while an analyst maintains a BUY with a DDM-derived target price of US$0.30.
Liquidity And FinancingStrong liquidity, including US$58 million in committed undrawn credit facilities and an additional US$25 million from a private placement, enables pursuit of larger tenants and funds for tenant incentives and building improvements.
Occupancy And LeasingCommitted portfolio occupancy has improved to 80.7% and is projected to approach 85% as over 150,000 square feet of new leases are anticipated, supporting higher rental income and stronger occupancy-driven cash flows.