Sasseur REIT Issues Units for Management Fees
Company Announcements

Sasseur REIT Issues Units for Management Fees

Sasseur Real Estate Investment Trust (SG:CRPU) has released an update.

Sasseur REIT has issued over 5 million units at S$0.6694 each to its manager as part of the management fee for the first half of 2024, with the manager choosing to take 80% of the fee in units. This issuance increases the manager’s holdings to 2.867% of the trust, with a total of over 1.25 billion units now issued. Investors are reminded that the value of these units can fluctuate and are subject to market risks.

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

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