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Administrative Action Highlights Compliance Issues at Sumisho Realty Management

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Administrative Action Highlights Compliance Issues at Sumisho Realty Management

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SOSiLA Logistics REIT,Inc. ( (JP:2979) ) has shared an update.

Sumisho Realty Management Co., Ltd., the asset manager for SOSiLA Logistics REIT, Inc., has been subjected to administrative action by the Financial Services Agency due to compliance issues related to the management of SC Realty Private REIT, Inc. The action highlights significant concerns about conflict-of-interest controls and internal compliance systems, particularly in the process of real estate appraisal and valuation. While no issues were found with the asset management of SOSiLA Logistics REIT, the incident underscores the importance of robust compliance frameworks to protect investor interests.

The most recent analyst rating on (JP:2979) stock is a Buy with a Yen129133.00 price target. To see the full list of analyst forecasts on SOSiLA Logistics REIT,Inc. stock, see the JP:2979 Stock Forecast page.

More about SOSiLA Logistics REIT,Inc.

SOSiLA Logistics REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on logistics facilities. The company is managed by Sumisho Realty Management Co., Ltd., which oversees its asset management operations.

Average Trading Volume: 1,817

Technical Sentiment Signal: Buy

Current Market Cap: Yen87.59B

See more data about 2979 stock on TipRanks’ Stock Analysis page.

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