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360 Capital REIT ( (AU:TOT) ) just unveiled an announcement.
360 Capital REIT has disclosed a change in director Tony Pitt’s indirect interest in the trust’s stapled securities following participation in the March 2026 dividend reinvestment plan. Through entities including TT Superfund and 360 Capital Property Pty Limited, Pitt acquired 2,051,866 additional securities at $0.3896 per security, lifting his indirect holding from 106,587,632 to 108,639,498 stapled securities.
The increase in Pitt’s stake via the DRP signals further alignment of the director’s interests with those of securityholders, as he reinvests distributions back into the REIT. This change, executed outside a closed trading period, may be viewed by investors as a vote of confidence in the REIT’s ongoing strategy and property investment portfolio.
More about 360 Capital REIT
360 Capital REIT is an Australian real estate investment trust comprising the 360 Capital Active REIT stapled to the 360 Capital Passive REIT. The trust invests in property and related assets, providing listed exposure to real estate markets for investors through fully paid ordinary stapled securities on the ASX.
Average Trading Volume: 143,127
Technical Sentiment Signal: Buy
Current Market Cap: A$88.75M
For detailed information about TOT stock, go to TipRanks’ Stock Analysis page.