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An announcement from ESR-REIT ( (SG:J91U) ) is now available.
ESR-REIT Management (S) Limited has announced the issuance of 15,658,650 new units in ESR-REIT as partial payment for management fees for the first quarter of 2025. This move reflects the company’s strategy to manage its financial obligations through equity, potentially impacting its market positioning and stakeholder interests by altering the unit holdings of its management and property services.
More about ESR-REIT
ESR-REIT is a real estate investment trust based in Singapore, focusing on managing and investing in a diversified portfolio of income-producing industrial properties. The company is involved in the real estate sector, providing property management and investment services.
YTD Price Performance: -24.74%
Average Trading Volume: 8,333
Technical Sentiment Signal: Buy
Current Market Cap: $1.28B
For an in-depth examination of J91U stock, go to TipRanks’ Stock Analysis page.