Following the acquisition, Lechner has a total of 5.80 million units – or a 0.28% stake in the REIT, which has 2.07 billion units.
Martin Lechner, an independent director of First REIT’s (SGX:AW9U
) manager, has acquired 796,900 units in the REIT at 21 cents each.
Lechner had paid a total of $167,349 when he bought the units via the market on Sept 18.
