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Advance Residence Investment ( (JP:3269) ) has issued an update.
Advance Residence Investment Corporation has announced the strategic sale of two properties, RESIDIA Marunouchi and RESIDIA Shirakabe, for a total of 2,290 million yen, generating a gain of approximately 512 million yen. This move is part of a broader capital policy to optimize capital efficiency and enhance unitholder returns, with proceeds being allocated to distributions, market-responsive acquisitions, and future property replacements.
The most recent analyst rating on (JP:3269) stock is a Hold with a Yen354000.00 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 operates within the real estate investment trust (REIT) industry, focusing on managing and investing in residential properties. The company collaborates with ITOCHU REIT Management Co., Ltd. to optimize asset management and enhance returns for its unitholders.
Average Trading Volume: 6,040
Technical Sentiment Signal: Buy
Current Market Cap: Yen433.1B
For an in-depth examination of 3269 stock, go to TipRanks’ Overview page.