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An announcement from Parkway Life Real Estate Investment ( (SG:C2PU) ) is now available.
Parkway Trust Management Limited, the manager of Parkway Life Real Estate Investment Trust, has announced the issuance of 33,901 new units to itself as part payment for management fees. These units, priced at approximately S$4.11 each, cover the base fee for the period from July to September 2025. This issuance increases the total number of units to 652,486,974, with the manager holding 1,462,774 units. This move reflects the company’s strategy to manage its financial obligations through equity, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (SG:C2PU) stock is a Buy with a S$4.97 price target. To see the full list of analyst forecasts on Parkway Life Real Estate Investment stock, see the SG:C2PU Stock Forecast page.
More about Parkway Life Real Estate Investment
Parkway Life Real Estate Investment Trust (PLife REIT) operates in the real estate investment industry, focusing on healthcare-related properties. Managed by Parkway Trust Management Limited, it primarily invests in income-producing real estate and real estate-related assets in the Asia-Pacific region, with a significant emphasis on the healthcare sector.
Average Trading Volume: 1,016,118
Technical Sentiment Signal: Buy
Current Market Cap: S$2.62B
Learn more about C2PU stock on TipRanks’ Stock Analysis page.