AX Real Estate has announced that it will be distributing a gross dividend of €2.3 million, equivalent to €0.008424 per ordinary share
In an update posted to the Malta Stock Exchange, the company said the dividend will be paid on 14th May to holders of listed ordinary ‘A’ shares in the company as at the close of business on 29th April, as well as to the holders of the unlisted ordinary ‘B’ shares.
AX Real Estate, incorporated in 2019, is a subsidiary of AX Group. AX Real Estate builds on the expertise and resources of AX Group to own, develop, and manage real estate investments. It has a portfolio of properties that are in the hospitality, care home and retirement village business, offices, warehouses, and other industrial properties, as well as commercial and residential property.
The company went public in 2021.
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Robert Fenech
Robert is curious about the connections that make the world work, and takes a particular interest in the confluence of economy, environment and justice. He can also be found moonlighting as a butler for his big black cat.
