tiprankstipranks
Trending News
More News >

ESR-REIT Issues New Units for Management Fees

Story Highlights

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App