First National Real Estate and Hospitality Fund Plc (“Real Estate Fund”) has distributed its second round of payouts following continued strong performance. Equity holders received dividends amounting to MVR 34.94 per share, whereas bondholders received a total payout of MVR 478,284, supported by stable cash flows and disciplined debt servicing.
The Fund continues to maintain an annualised return of 14% for Equity holders and 12% for bondholders.
Real Estate Fund is a CMDA-approved fund investing in Real Estate and Hospitality assets, which launched in December 2024. The fund aims to strategically invest in the real estate and hospitality sector to ensure attractive and sustainable returns for its investors.
The Fund Manager has expressed strong confidence in the resilience of the real estate market, noting that the Fund’s ability to sustain consistent dividend payouts through the year while continuing to meet its debt obligations.
Looking ahead, the Real Estate Fund remains focused on delivering stable returns and expanding its property portfolio to generate long-term value for investors. The distribution for the third quarter dividend is expected on 15th October 2025.
