tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Daiwa Office Investment Completes First Phase of Real Estate Divestment

Story Highlights
Daiwa Office Investment Completes First Phase of Real Estate Divestment

TipRanks Black Friday Sale

The latest announcement is out from Daiwa Office Investment Corporation ( (JP:8976) ).

Daiwa Office Investment Corporation has completed the first transfer of a co-ownership interest in the trust beneficial interest of the Daiwa Sarugakucho property, valued at 2,550 million yen. This divestment is part of a two-phase transfer, with the second phase scheduled for completion in May 2026, reflecting the company’s ongoing strategy to optimize its real estate portfolio.

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 operates in the real estate investment trust (REIT) industry, focusing on acquiring, managing, and divesting trust beneficial interests in domestic real estate properties. The company is managed by Daiwa Real Estate Asset Management Co. Ltd., which specializes in asset management and investment strategies in the real estate sector.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1