GLP J-REIT (JP:3281) has released an update.
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GLP J-REIT has announced through its asset management arm GLP Japan Advisors Inc. the decision to waive the preferential negotiation rights on certain properties listed in their bridge scheme. This strategic move comes despite the strong investment appetite for logistics facilities and is based on the company’s robust pipeline of properties, including flagship ALFALINK facilities. The waiver is expected to have no financial drawbacks for GLP J-REIT and no impact on its operation or dividend forecast.
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