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Arena REIT Boosts Profit and Distribution Amid Robust Growth Pipeline
8:50am on Monday 2nd of June, 2025 AEST
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Real Estate
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Arena REIT Boosts Profit and Distribution Amid Robust Growth Pipeline
8:50am on Monday 2nd of June, 2025 AEST
Key Points
Statutory net profit surged 87% to $36 million
Net operating profit increased 16% supported by acquisitions and rent growth
Completed $120 million institutional placement and $24 million security purchase plan
Weighted average lease expiry extended to 18 years with 99.3% occupancy
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Arena REIT (ASX:ARF)
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