Australia's Arena REIT at over two-month high on upbeat annual distribution outlook
19/10/2026 04:23
BUZZ-Australia's Arena REIT at over two-month high on upbeat annual distribution outlook ** Shares of Arena REIT ARF.AX rise 4.1% to A$2.56, their highest since August 10
** Social infrastructure REIT upgrades distribution guidance for fiscal 2027 to 19.0-20.2 Australian cents per share from prior guidance of at least 18 Australian cents
** Attributes outlook upgrade to progress on the resoulution of its Edge portfolio** Stock down 29.2% YTD
(Reporting by Swetha Lakshmi in Bengaluru)
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Jefferies lifts Arena REIT's PT on stronger annual distribution forecast
Australia's Arena REIT at over two-month high on upbeat annual distribution outlook
Brief: Arena REIT No 1 Updates FY27 Distribution Guidance To 19.0–20.2 AU Cents Per Security
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