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[QUOTE="Queen, post: 87194, member: 27"]
A fattened payout just landed for unitholders, with Tigere Real Estate Investment Trust cranking its quarterly dividend up 83 percent and flexing way stronger rental math.

Dividend surge details
[LIST]
[*]Tigere Real Estate Investment Trust approved a US$847 250 quarterly payout.
[*]That stacks against US$463 200 in the same 2024 quarter.
[*]Unitholders get US$0,04602 per unit.
[*]Payment is slated for March 18 for holders on March 13.
[/LIST]
Income and margin growth
[LIST]
[*]Annual comprehensive income climbed to US$2,67 million.
[*]Net property income jumped 61% to US$2 726 797.
[*]Expense ratio tightened to 16,5% from 23,2%.
[*]Distributable income per unit rose 23,2% to 0,197 cents.
[/LIST]
Portfolio expansion drivers
[LIST]
[*]Greenfields and Zimre Park Drive Thru boosted Q4 numbers.
[*]Highland Park Phase 2 delivered a full 12-month contribution.
[*]Renewals at Highland Park Phase 1 lifted rental reversions.
[*]Chinamano Corner added extra juice through lease escalations.
[/LIST]
Balance sheet and asset lift
[LIST]
[*]Debtors shrank 61,6% to US$52 014.
[*]Collection rate improved to 97,3%.
[*]Investment property value swelled 75,6%.
[*]Net asset value increased to US$59,48 million.
[/LIST]
Occupancy and forward plans
[LIST]
[*]Average occupancy closed at 97%.
[*]Newly bought properties entered fully leased.
[*]Retail tenants at Greenfields beat November and December targets.
[*]Management eyes four more commercial buys and Highland Park upgrades in 2026.
[/LIST]
[/QUOTE]

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