Prime US REIT (OXMU) said on Feb, 11 2026 that it has redirected an additional 13.4 million US dollars from last year’s 25.0 million US-dollar private placement to capital expenditure, tenant incentives and leasing costs aimed at securing and retaining tenants.

The sum represents 53.6% of the placement’s gross proceeds and comes from 23.8 million US dollars that had been temporarily applied to debt repayment.

The manager has also spent a further 0.1 million US dollars on professional fees linked to the placement, bringing total fees paid to about 0.7 million US dollars.

After the latest transactions, 14.1 million US dollars of the placement proceeds have been used, leaving 10.9 million US dollars unutilised. The remaining 0.1 million US dollars previously earmarked for fees will be reallocated to capital expenditure.

Prime US REIT’s manager said it will provide further updates when the outstanding funds are materially deployed.