RETAM disburses $1.3 million in dividends amid shareholder approval
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Kazakhstan's RETAM Real Estate Investment Fund will distribute dividends of 98,000 tenge per share for the first half of 2025. The decision was unanimously approved at a shareholders' meeting on April 16. This comes as RETAM owns major shopping centers in Almaty and Ust-Kamenogorsk.
Dividend Distribution
RETAM Real Estate Investment Fund announced a dividend payout of 98,000 tenge per share for the first half of 2025. The total distribution amounts to approximately 640 million tenge, equivalent to $1.3 million. The decision was made during a shareholders' meeting held on April 16, with unanimous approval from all participants.
Retail Properties
RETAM owns the ADK shopping center in Almaty and the River shopping center in Ust-Kamenogorsk. The ADK center covers an area of 45,000 square meters. These properties contribute significantly to RETAM's revenue, supporting the dividend payout. The fund's assets are strategically located in key urban areas.
What's Next
RETAM plans to continue its investment strategy in Kazakhstan's retail sector. It remains unclear how market conditions will affect future dividend policies.
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RETAM disburses $1.3 million in dividends amid shareholder approval
