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First Real Estate Investment ( (SG:AW9U) ) has provided an announcement.
First Real Estate Investment Trust announced the issuance of 1,659,854 units to its manager, First REIT Management Limited, as partial payment for the management fee for the first quarter of 2025. This issuance represents 10.61% of the total units in circulation, reflecting the company’s strategy to manage its financial obligations while maintaining a significant stake in its own trust.
More about First Real Estate Investment
First Real Estate Investment Trust is a Singapore-based company operating in the real estate investment sector. It primarily focuses on healthcare-related real estate assets, providing investors with opportunities to invest in a diversified portfolio of income-producing properties.
Average Trading Volume: 1,331,947
Technical Sentiment Signal: Buy
Current Market Cap: S$556.2M
Find detailed analytics on AW9U stock on TipRanks’ Stock Analysis page.