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Advance Residence Investment ( (JP:3269) ) has issued an announcement.
Advance Residence Investment Corporation announced its decision to borrow 700 million yen to fund the acquisition of real estate related to ‘RESIDIA Sakaisuji-Hommachi’ and cover related expenses. This move is part of their strategy to leverage residential assets’ stability and maintain their position as a defensive J-REIT, ensuring long-term dividend stability for stakeholders.
The most recent analyst rating on (JP:3269) stock is a Sell with a Yen140000.00 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 one of the largest J-REITs specializing in residential properties, managed by ITOCHU REIT Management Co., Ltd. It owns rental properties nationwide, primarily in the 23 wards of Tokyo, and is known for providing long-term, stable dividends.
Average Trading Volume: 5,447
Technical Sentiment Signal: Buy
Current Market Cap: Yen485.2B
For a thorough assessment of 3269 stock, go to TipRanks’ Stock Analysis page.