Acquisition ImpactKREIT announced the acquisition of a 75% stake in Top Ryde Shopping Centre in Australia, expected to boost adjusted DPU by 1.53%.
Occupancy And RentKREIT achieved higher portfolio occupancy of 96.3% and positive rental reversion of 12%.
Portfolio GrowthActive asset churn to optimize portfolio drives inorganic growth, as KREIT has been active in optimizing and growing its portfolio, which is expected to drive inorganic growth and crystallize its book values.