SANKEI REAL ESTATE Inc. (JP:2972) has released an update.
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SANKEI REAL ESTATE Inc. reported a positive variance in its distribution per unit for the fiscal period ending August 2024, surpassing its previous forecast by 7.3%. This was largely driven by robust performance in their hotel portfolio, notably from properties acquired earlier in the year. The increased revenue from these hotels led to higher-than-expected distributions.
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