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Daiwa Office Investment Completes Final Transfer of Trust Beneficial Interest

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Daiwa Office Investment Completes Final Transfer of Trust Beneficial Interest

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Daiwa Office Investment Corporation ( (JP:8976) ) has provided an announcement.

Daiwa Office Investment Corporation has completed the third and final transfer of a 30% co-ownership interest in the trust beneficial interest of domestic real estate, specifically the Daiwa Tsukishima property, for 2,940 million yen. This divestment marks the conclusion of a strategic move announced in July 2024, potentially impacting the company’s asset portfolio and financial strategy.

The most recent analyst rating on (JP:8976) stock is a Hold with a Yen388945.00 price target. To see the full list of analyst forecasts on Daiwa Office Investment Corporation stock, see the JP:8976 Stock Forecast page.

More about Daiwa Office Investment Corporation

Daiwa Office Investment Corporation is a real estate investment trust (REIT) focused on managing and investing in office properties in Japan. It operates under the asset management of Daiwa Real Estate Asset Management Co. Ltd., which specializes in real estate asset management services.

Average Trading Volume: 1,566

Technical Sentiment Signal: Buy

Current Market Cap: Yen366.9B

For detailed information about 8976 stock, go to TipRanks’ Stock Analysis page.

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