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CRE Logistics REIT, Inc ( (JP:3487) ) has provided an update.
CRE Logistics REIT, Inc. has completed the acquisition of its own investment units, purchasing a total of 5,209 units for approximately 799.9 million yen. This strategic move, completed through market purchases, is part of the company’s plan to reduce the number of issued units, potentially enhancing the value for existing investors.
More about CRE Logistics REIT, Inc
CRE Logistics REIT, Inc. operates in the real estate investment trust industry, focusing on logistics properties. The company manages and invests in logistics facilities, primarily in Japan, to provide stable income and growth opportunities for its stakeholders.
Average Trading Volume: 1,920
Technical Sentiment Signal: Buy
Current Market Cap: Yen95.14B
For an in-depth examination of 3487 stock, go to TipRanks’ Overview page.