360 Capital Mortgage REIT delivered robust half-year results with a 33% earnings upgrade and a strategic capital raise that lifted its market cap by over a third.
360 Capital Mortgage REIT reported a solid half-year profit increase to $1.34 million and launched a strategic capital raising to grow its senior loan investments. Distributions rose notably, reflecting confidence in its expanding loan portfolio amid rising interest rates.
360 Capital Mortgage REIT has announced an estimated ordinary dividend of AUD 0.052 per unit for January 2025, alongside its election to adopt the Attribution Managed Investment Trust (AMIT) regime.