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Parkway Life REIT Issues New Units for Management Fees

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Parkway Life REIT Issues New Units for Management Fees

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Parkway Life Real Estate Investment ( (SG:C2PU) ) just unveiled an update.

Parkway Trust Management Limited has announced the issuance of 17,157 new units in Parkway Life Real Estate Investment Trust to the manager as part payment for management fees. This issuance increases the total units in circulation to 652,388,543, reflecting the company’s ongoing strategy to manage its financial obligations and maintain a steady operational flow.

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 and healthcare-related assets. Managed by Parkway Trust Management Limited, it primarily invests in real estate used for healthcare and healthcare-related purposes, with a market focus on Asia-Pacific regions.

YTD Price Performance: 6.75%

Average Trading Volume: 1,710

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.89B

Learn more about C2PU stock on TipRanks’ Stock Analysis page.

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