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Advance Residence Investment Corporation Amends Asset Management Guidelines

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Advance Residence Investment Corporation Amends Asset Management Guidelines

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Advance Residence Investment ( (JP:3269) ) just unveiled an update.

Advance Residence Investment Corporation announced amendments to its internal Asset Management Guideline, allowing for new investments in overseas real estate and real estate-backed securities. These changes aim to enhance stable earnings over the medium to long term, with a negligible impact on the company’s earnings forecasts for the upcoming fiscal periods.

The most recent analyst rating on (JP:3269) stock is a Hold with a Yen149000.00 price target. To see the full list of analyst forecasts on Advance Residence Investment stock, see the JP:3269 Stock Forecast page.

More about Advance Residence Investment

Advance Residence Investment Corporation is a Real Estate Investment Trust (REIT) that focuses on managing and investing in real estate assets. The company is managed by ITOCHU REIT Management Co., Ltd., which oversees its asset management activities.

Average Trading Volume: 6,022

Technical Sentiment Signal: Buy

Current Market Cap: Yen477.8B

Find detailed analytics on 3269 stock on TipRanks’ Stock Analysis page.

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