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CRE Logistics REIT Announces Additional Unit Acquisition by Sponsor

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CRE Logistics REIT Announces Additional Unit Acquisition by Sponsor

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CRE Logistics REIT, Inc ( (JP:3487) ) just unveiled an announcement.

CRE Logistics REIT, Inc. announced that its sponsor, CRE, Inc., plans to acquire additional investment units worth up to 1,000 million yen. This acquisition aims to align the interests of CRE REIT’s unitholders with CRE, fostering medium- to long-term growth and reaffirming CRE’s support for the REIT.

More about CRE Logistics REIT, Inc

CRE Logistics REIT, Inc. operates in the real estate investment trust industry, focusing on logistics facilities. It leverages high-quality logistics properties developed by its sponsor, CRE, Inc., and emphasizes strong property management capabilities to enhance unitholder value.

Average Trading Volume: 1,777

Technical Sentiment Signal: Buy

Current Market Cap: Yen100.2B

Find detailed analytics on 3487 stock on TipRanks’ Stock Analysis page.

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