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Keppel REIT ( (SG:K71U) ) just unveiled an announcement.
Keppel REIT Management Limited has announced the issuance of 9,890,735 units at S$0.8572 per unit as part of the management fee payment for the period from January to March 2025. This issuance increases the company’s holdings to 196,484,713 units, representing 5.06% of the total issued units in Keppel REIT, reflecting the company’s strategic decision to receive a portion of its fees in units to strengthen its position in the trust.
More about Keppel REIT
Keppel REIT is a real estate investment trust based in Singapore, primarily involved in managing a portfolio of commercial properties. The trust focuses on high-quality office spaces and aims to provide stable income and long-term growth for its stakeholders.
YTD Price Performance: 5.00%
Average Trading Volume: 76,711
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.51B
For an in-depth examination of K71U stock, go to TipRanks’ Stock Analysis page.