Daiwa House Logistics Trust Issues Units for Fee

Daiwa House Logistics Trust (SG:DHLU) has released an update.

Daiwa House Logistics Trust has issued 393,853 units to Daiwa House Asset Management Asia as payment for an acquisition fee, concerning the recent acquisition of a freehold logistics property in Japan. The units, priced at S$0.6042 each, amount to an acquisition fee of JPY 26.4 million (equivalent to S$0.24 million) and are not to be sold within one year of issuance.

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