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Mapletree Commercial ( (SG:N2IU) ) just unveiled an announcement.
MPACT Management Ltd. announced the issuance of 3,693,420 new units in Mapletree Pan Asia Commercial Trust as partial payment of the management fees for Q4 2024. This strategic move results in the Manager holding a total of 143,915,759 units and is aimed at optimizing fee structures while ensuring no double payment due to asset management services in Japan.
More about Mapletree Commercial
Mapletree Commercial is a company operating under a trust structure in Singapore, known for managing commercial properties including office buildings. It is focused on real estate management and investment, particularly in Asia, with a market focus that includes office properties in Japan.
YTD Price Performance: 0.45%
Average Trading Volume: 28,912
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.64B
For an in-depth examination of N2IU stock, go to TipRanks’ Stock Analysis page.