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The latest update is out from Centurion Accommodation REIT ( (SG:8C8U) ).
Centurion Accommodation REIT’s manager has issued 3,104,558 new units at S$1.121 per unit to Centurion Capital Investments Ltd., a related entity, as payment in units for its base and performance management fees for the period from its 25 September 2025 listing to 31 December 2025. This transaction, which fully settles the manager’s fees in units rather than cash and lifts the total units in issue to 1,722,435,558, underscores an alignment of interests with unitholders while modestly diluting existing stakes but preserving cash within the REIT.
Of the new units, 2,675,760 were issued for the base fee and 428,798 for the performance fee, all in line with provisions in CAREIT’s trust deed allowing the manager to elect payment in units. The manager itself holds no units following the issuance, as it directed all new units to be issued directly to Centurion Capital Investments, highlighting internal capital arrangements within the Centurion group without changing external control of the REIT.
DBS Bank Ltd. and UBS AG, Singapore Branch served as joint issue managers, global coordinators, bookrunners and underwriters for CAREIT’s initial public offering. Their role in the IPO supports CAREIT’s positioning in the Singapore REIT market, providing institutional backing and potentially enhancing investor confidence in the vehicle’s capital markets profile.
The most recent analyst rating on (SG:8C8U) stock is a Buy with a S$1.30 price target. To see the full list of analyst forecasts on Centurion Accommodation REIT stock, see the SG:8C8U Stock Forecast page.
More about Centurion Accommodation REIT
Centurion Accommodation REIT (CAREIT) is a Singapore-listed real estate investment trust focused on accommodation assets. It is managed by Centurion Asset Management Pte. Ltd., with its units traded on the Singapore Exchange Securities Trading Limited, and its initial public offering was jointly managed and underwritten by DBS Bank and UBS AG Singapore Branch.
Average Trading Volume: 3,028,488
Technical Sentiment Signal: Strong Buy
For a thorough assessment of 8C8U stock, go to TipRanks’ Stock Analysis page.