Daiwa House Logistics Trust ( (SG:DHLU) ) has provided an announcement.
Daiwa House Logistics Trust has issued 489,791 new units at S$0.5794 per unit to Daiwa House Asset Management Asia Pte. Ltd. as part of the base management fee for the last quarter of 2024. This issuance increases the total number of units to 698,920,216, with Daiwa House Industry Co., Ltd. holding a 13.26% stake, reflecting a strategic move to manage operational costs and maintain stakeholder interests.
More about Daiwa House Logistics Trust
Daiwa House Logistics Trust is a real estate investment trust established under Singaporean law, managed by Daiwa House Asset Management Asia Pte. Ltd. The trust focuses on logistics properties, leveraging its expertise to manage and grow its portfolio in the logistics real estate sector.
YTD Price Performance: 2.59%
Average Trading Volume: 276,937
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$415.6M
Learn more about DHLU stock on TipRanks’ Stock Analysis page.
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