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CRE Logistics REIT, Inc ( (JP:3487) ) just unveiled an update.
CRE Logistics REIT, Inc. has secured exclusive negotiation rights for the Atsugi Iiyama Minami Factory, a strategically located property in Kanagawa, Japan. This move is aimed at enhancing the company’s growth by potentially acquiring the property, which is positioned as a key distribution relay point for the Greater Tokyo and Nagoya areas. The acquisition is subject to due diligence, and while the exclusive rights provide an opportunity, there is no obligation or guaranteed acquisition.
More about CRE Logistics REIT, Inc
CRE Logistics REIT, Inc. operates in the real estate investment trust industry, focusing primarily on logistics properties. The company is involved in acquiring, managing, and leasing logistics facilities, with a market focus on strategic locations that serve as distribution points across Japan.
YTD Price Performance: 2.91%
Average Trading Volume: 2,274
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen88.82B
See more data about 3487 stock on TipRanks’ Stock Analysis page.