LaSalle LOGIPORT REIT (JP:3466) has released an update.
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LaSalle LOGIPORT REIT reported a slight decrease in operating revenues and net income for the fiscal period ending August 31, 2024, compared to the previous period ending February 2024. Despite the downturn, the company maintained a 100% payout ratio and plans to commence distribution payments in November 2024. Looking forward, the REIT forecasts marginal increases in operating income and net income for the upcoming fiscal periods ending February 2025 and August 2025.
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