tiprankstipranks
Trending News
More News >

Daiwa Office Investment Completes Second Phase of Real Estate Divestment

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

Don’t Miss TipRanks’ Half Year Sale

An announcement from Daiwa Office Investment Corporation ( (JP:8976) ) is now available.

Daiwa Office Investment Corporation has completed the second transfer of its co-ownership interest in the trust beneficial interest of domestic real estate, specifically the Daiwa Tsukishima property, for 2,940 million yen. This transaction is part of a three-part divestment process, with the final transfer scheduled for November 2025, indicating a strategic move to optimize its real estate portfolio.

The most recent analyst rating on (JP:8976) stock is a Sell with a Yen272000.00 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) that focuses on acquiring and managing office properties in Japan. It operates under the management of Daiwa Real Estate Asset Management Co. Ltd., which specializes in real estate asset management.

Average Trading Volume: 1,721

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen286.3B

Find detailed analytics on 8976 stock on 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