Lendlease REIT Settles Fees with Unit Issuance
Company Announcements

Lendlease REIT Settles Fees with Unit Issuance

Lendlease Global Commercial REIT (SG:JYEU) has released an update.

Lendlease Global Commercial REIT has issued over 13.8 million new units to cover management and property fees, with more than 8.7 million as REIT Management Fee Units and over 5.1 million as Property Management Fee Units, based on the average unit price on the Singapore Exchange. The move sees fees settled via unit issuance rather than cash, reflecting a strategic financial management approach by the REIT.

For further insights into SG:JYEU stock, check out TipRanks’ Stock Analysis page.

Related Articles
Catie PowersLendlease Global Commercial REIT (JYEU) Discloses Q3 Dividend: What Shareholders Should Know
Christine BrownLendlease Global Commercial REIT (JYEU) Announces Q3 Dividend: Save the Dates!
TipRanks Singapore Auto-Generated NewsdeskLendlease REIT Reports Strong Q3 Performance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App