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The latest announcement is out from CRE Logistics REIT, Inc ( (JP:3487) ).
CRE Logistics REIT, Inc. announced that its parent company, CRE, Inc., has decided to support a tender offer from SMFL MIRAI Partners Company for its common shares. The tender offer has commenced but not yet completed, and the outcome will be announced once available. Despite the offer, CRE will continue its sponsorship role, ensuring that CRE REIT and its asset manager aim to enhance unitholder value with CRE’s backing.
More about CRE Logistics REIT, Inc
CRE Logistics REIT, Inc. operates within the logistics real estate industry, focusing on managing and investing in logistics facilities. The company is based in Tokyo, Japan, and is supported by its asset manager, CRE REIT Advisers, Inc.
YTD Price Performance: 7.42%
Average Trading Volume: 1,837
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen91.27B
See more data about 3487 stock on TipRanks’ Stock Analysis page.