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Metrics Real Estate Multi-Strategy Fund ( (AU:MRE) ) has issued an announcement.
Metrics Real Estate Multi-Strategy Fund (ASX:MRE) has announced a continued focus on diversifying its portfolio, adding 26 new investments in the recent quarter and maintaining strong commercial real estate lending conditions. The fund is fully deployed, contributing to an uplift in returns, and plans to commence settlements in the Active Trust following successful pre-sales of an industrial development. This strategic move is expected to enhance returns further, benefiting from franking credits and reflecting positive market momentum in domestic real estate.
More about Metrics Real Estate Multi-Strategy Fund
Metrics Real Estate Multi-Strategy Fund (MRE) operates within the real estate investment industry, focusing on commercial real estate (CRE) investments. The company provides exposure to a diversified portfolio of private market CRE investments, covering the entire capital structure from senior secured mortgage debt to equity investments. MRE aims to deliver a target total return through monthly cash income and capital preservation, while managing investment risks.
Average Trading Volume: 241,538
Technical Sentiment Signal: Strong Buy
For an in-depth examination of MRE stock, go to TipRanks’ Overview page.