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East Japan Railway Expands Real Estate Ventures

East Japan Railway Expands Real Estate Ventures

East Japan Railway Company (JP:9020) has released an update.

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East Japan Railway Company is set to enhance its real estate operations by transferring the development and leasing business of company-owned land to its wholly-owned subsidiary, JR East Real Estate Co., Ltd. This strategic move, effective January 1, 2025, aims to boost the group’s growth by facilitating real estate liquidation and reinvestment.

For further insights into JP:9020 stock, check out TipRanks’ Stock Analysis page.

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