First REIT’s independent director acquires 796,900 units at 21 cents each

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.

Lechner was appointed as a director of the REIT in January 2018.

Units in First REIT closed flat at 21.5 cents on Sept 19.