RAM Essential Services Property Fund ( (AU:REP) ) just unveiled an announcement.
RAM Essential Services Property Fund has appointed Kieran Pryke as an independent director, effective April 30, 2025, bringing significant expertise in real estate financing and strategy to the board. This appointment follows the resignation of Bryce Mitchelson, who contributed significantly to the fund’s development into a healthcare-focused REIT, potentially impacting the company’s strategic direction and stakeholder interests.
More about RAM Essential Services Property Fund
RAM Essential Services Property Fund (REP) is a real estate investment trust listed on the ASX, focusing on a diversified portfolio of medical and essential retail properties. The fund is supported by high-quality tenants including national supermarkets and private hospital operators, aiming to provide stable income and growth opportunities through value-add developments.
YTD Price Performance: -5.17%
Average Trading Volume: 437,402
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$278.1M
Learn more about REP stock on TipRanks’ Stock Analysis page.