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The latest update is out from Hankyu Hanshin REIT, Inc. ( (JP:8977) ).
Hankyu Hanshin REIT, Inc. has announced the acquisition of AEON MALL INAGAWA, a retail facility in the Kansai Region, for 11.5 billion yen. This strategic acquisition is expected to enhance the company’s portfolio profitability, leveraging its exclusive network and ensuring steady growth through stable cash flows and a competitive market position.
More about Hankyu Hanshin REIT, Inc.
Hankyu Hanshin REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing a diverse portfolio of properties. The company primarily invests in retail facilities, office buildings, and other commercial properties, with a strong market focus on the Kansai region in Japan.
YTD Price Performance: 18.03%
Average Trading Volume: 3,811
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen100.1B
See more data about 8977 stock on TipRanks’ Stock Analysis page.