EC World REIT Posts Lower Q3 Operating Performance and Suspends Distributions
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EC World Real Estate Investment Trust reported a significant decline in its operating performance for 3QFY2025, with gross revenue down 56.9% and net property income down 60.5% year-on-year. No distribution was declared due to insufficient funds, and the suspension will continue until adequate free cash is available. The trust's blended all-in running interest rate was 9.3% per annum. The manager does not expect financial circumstances to improve soon.
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