ESR-REIT ( (SG:J91U) ) has provided an announcement.
ESR-REIT has issued 14,543,269 new units as partial payment for management fees for the fourth quarter of 2024. This issuance increases the total number of units to over 8 billion, with the manager and property manager holding a combined 3.3% of the total units, reflecting the company’s strategic approach to managing its financial obligations.
More about ESR-REIT
ESR-REIT is a real estate investment trust based in Singapore, focusing on industrial properties. It provides investors with opportunities to invest in a diversified portfolio of income-producing real estate assets, primarily in the industrial and logistics sectors.
YTD Price Performance: -23.12%
Average Trading Volume: 54,423
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.42B
For detailed information about J91U stock, go to TipRanks’ Stock Analysis page.