Starhill Global REIT Issues Units for Fee Payment
Company Announcements

Starhill Global REIT Issues Units for Fee Payment

Starhill Global Real Estate Investment Trust (SG:P40U) has released an update.

Starhill Global REIT has issued over 1.6 million new units to its manager as partial payment of the management fee for Q1 2024, with the remainder paid in cash. The units were priced based on the average trading price over the preceding 10 business days. This transaction increases the total issued units of Starhill Global REIT and the manager now holds approximately 2.75% of the total.

For further insights into SG:P40U stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskStarhill Global REIT Adjusts Key Benchmark Index
TipRanks Singapore Auto-Generated NewsdeskStarhill Global REIT Completes Strategic Refinancing
TipRanks Singapore Auto-Generated NewsdeskStarhill Global REIT Secures S$50M Green Credit Line
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