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Global One Real Estate Investment Corporation ( (JP:8958) ) has provided an announcement.
Global One Real Estate Investment Corporation has announced a strategic asset replacement involving the acquisition of the Meiji Yasuda Life Insurance Osaka Umeda Building and the transfer of the Yokohama Plaza Building. This move aims to optimize GOR’s portfolio by acquiring a property with significant potential due to its low rent level in a redeveloped area, while divesting an asset with limited revenue growth potential.
More about Global One Real Estate Investment Corporation
Global One Real Estate Investment Corporation (GOR) operates in the real estate investment industry, focusing on managing a portfolio of properties to ensure steady growth and stable income. The company collaborates with Global Alliance Realty Co., Ltd. as its asset manager to handle its real estate assets.
YTD Price Performance: 7.68%
Average Trading Volume: 3,244
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen106.9B
See more data about 8958 stock on TipRanks’ Stock Analysis page.