tiprankstipranks
Trending News
More News >

First REIT Expands Unit Holdings with Recent Issuance

First REIT Expands Unit Holdings with Recent Issuance

First Real Estate Investment (SG:AW9U) has released an update.

Confident Investing Starts Here:

First Real Estate Investment Trust has issued 1,661,895 new units to its management as part of their fee, priced at S$0.2768 per unit. This issuance increases the manager’s holdings to over 214 million units, representing 10.25% of the total units available. The move highlights the trust’s reliance on unit issuance as a form of compensation, reflecting common practices in the real estate investment sector.

For further insights into SG:AW9U stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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
1