Starhill Global REIT issues new units to manager as partial fee payment

The latest announcement is out from Starhill Global Real Estate Investment ( (SG:P40U) ).

Starhill Global REIT has issued 1,380,412 new units to its external manager, YTL Starhill Global REIT Management Limited, as part payment of the base management fee for the quarter from 1 January to 31 March 2026. The units were priced at S$0.5551 each, determined by the 10-day volume-weighted average price, with the remaining fee settled in cash in line with its trust deed provisions.

Following this issuance, the total number of units in issue has risen to 2,321,011,873, with the manager’s stake increasing to about 3.21%. The move slightly dilutes existing unitholders but reinforces the established fee structure that allows management compensation in a mix of cash and units, aligning the manager’s interests with long-term performance of the REIT’s S$2.8 billion regional portfolio.

The most recent analyst rating on (SG:P40U) stock is a Buy with a S$0.68 price target. To see the full list of analyst forecasts on Starhill Global Real Estate Investment stock, see the SG:P40U Stock Forecast page.

More about Starhill Global Real Estate Investment

Starhill Global Real Estate Investment Trust is a Singapore-based REIT that invests primarily in retail and office properties in Singapore and overseas. Listed on the SGX Mainboard since 2005, its portfolio has expanded to nine assets across Singapore, Australia, Malaysia, Japan and China, including landmark Orchard Road malls Wisma Atria and Ngee Ann City.

Average Trading Volume: 1,978,301

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$1.28B

See more insights into P40U stock on TipRanks’ Stock Analysis page.