Global One Real Estate Investment Corporation (JP:8958) has released an update.
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Global One Real Estate Investment Corp. (GOR) has announced that its Board of Directors has resolved to cancel 19,689 of its own investment units, which is equivalent to 1.9% of the total issued and outstanding units, with a scheduled cancellation date of 30 September 2024. This decision is in line with the Act on Investment Trusts and Investment Corporations, and the company advises referring to a previous announcement for details on the impact this cancellation may have on dividend forecasts. GOR is a Japanese REIT focused on prime property investments and is listed on the Tokyo Stock Exchange.
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