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CapitaLand Ascendas REIT ( (SG:A17U) ) just unveiled an announcement.
CapitaLand Ascendas REIT Management Limited announced the issuance of 3,323,631 units to CLI RE Fund Investments Pte. Ltd. as part of the payment for its base management fee for the period from December 2024 to May 2025. This decision reflects the company’s strategic approach to managing its financial obligations and maintaining operational efficiency, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (SG:A17U) stock is a Buy with a S$3.10 price target. To see the full list of analyst forecasts on CapitaLand Ascendas REIT stock, see the SG:A17U Stock Forecast page.
More about CapitaLand Ascendas REIT
CapitaLand Ascendas REIT is a real estate investment trust based in Singapore, focusing on managing a diversified portfolio of properties. It primarily deals with industrial, business space, and logistics properties, aiming to provide stable returns to its stakeholders.
YTD Price Performance: 7.27%
Average Trading Volume: 13,545,301
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$12.01B
For an in-depth examination of A17U stock, go to TipRanks’ Overview page.