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REP clears retail sale as healthcare REIT strategy advances
2:49pm on Thursday 22nd of October, 2026 AEDT
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Real Estate
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REP clears retail sale as healthcare REIT strategy advances
2:49pm on Thursday 22nd of October, 2026 AEDT
Key Points
$218.6 million sale of five retail assets settled
10% interest retained in the acquiring institutional trust
Pro forma gearing expected to fall to 16.8%
Net proceeds being used to repay debt
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Ram Essential Services Property Fund (ASX:REP)
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