CBRE Global Real Estate Income Fund Plans 1-for-3 Reverse Stock Split

05:02 PM EDT, 08/25/2026 (MT Newswires) -- CBRE Global Real Estate Income Fund (IGR) said Tuesday its board of trustees approved a 1-for-3 reverse stock split of common shares, with the split expected to take effect before the NYSE opens for trading on Sept. 8. The fund said the split is intended to increase its market price per share, potentially broadening its investor base, improving liquidity and reducing secondary-market transaction costs. The fund will also adjust its monthly distribution to $0.18 per share from $0.06, effective with the first distribution declared after the split, according to a statement.