Fund manager Cohen & Steers Capital Management has emerged as a substantial shareholder of Centurion Accommodation REIT (CAREIT) (SGX:8C8U
) .
In the filing on July 3, the fund manager has acquired 154,000 units on July 2 at a price of $1.09 per unit. This translates to a total consideration of $167,860, excluding brokerage and stamp duties.
This brings its stake in CAREIT from the previous 4.995% to 5.004%.
Units in CAREIT closed unchanged at $1.09 on July 3.
