Arena REIT (ASX: $ARF) Quarterly Distribution Announcement

Arena REIT (ASX: $ARF) has announced a quarterly distribution of 4.35 cents per stapled security for the quarter ending 31 March 2024. The distribution aligns with the FY24 distribution guidance previously disclosed on 10 August 2023. The Dividend and Distribution Reinvestment Plan (DRP) will be in effect for this distribution, offering securityholders the opportunity to acquire new securities at a 1.5% discount to the 10-day volume weighted average trading price during the Pricing Period.

Executive Commentary on Quarterly Distribution

The quarterly distribution of 4.35 cents per security reflects our commitment to delivering consistent returns to our securityholders. The operation of the Dividend and Distribution Reinvestment Plan (DRP) provides an avenue for interested securityholders to participate in the distribution and potentially acquire new securities at a discounted price. We remain focused on managing and developing social infrastructure properties across Australia to support the growing early learning and healthcare sectors.

Summary of Arena REIT (ASX: $ARF) Quarterly Distribution

Arena REIT (ASX: $ARF) has announced a quarterly distribution of 4.35 cents per stapled security, in line with the FY24 distribution guidance. The Dividend and Distribution Reinvestment Plan (DRP) will be operational, allowing securityholders to acquire new securities at a 1.5% discount to the 10-day volume weighted average trading price. The company's commitment to delivering consistent returns is evident through this distribution. Arena REIT continues to focus on managing and developing social infrastructure properties to support the early learning and healthcare sectors, aligning with its long-term strategy and commitment to providing value to its stakeholders.