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An update from Ichigo Office REIT Investment Corporation ( (JP:8975) ) is now available.
Ichigo Office REIT Investment Corporation has announced the sale of the Ichigo Toyamaeki Nishi Building to Toa Bussan Corporation for JPY 2,720 million, significantly above its book and appraisal values. This strategic decision is aimed at improving portfolio quality and generating long-term shareholder value, with proceeds earmarked for future strategic investments and value-add capital expenditures.
The most recent analyst rating on (JP:8975) stock is a Hold with a Yen101097.00 price target. To see the full list of analyst forecasts on Ichigo Office REIT Investment Corporation stock, see the JP:8975 Stock Forecast page.
More about Ichigo Office REIT Investment Corporation
Ichigo Office REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on managing a portfolio of office assets. The company is committed to enhancing the quality of its portfolio by concentrating on high-quality, mid-size office properties that provide stable cash flow.
Average Trading Volume: 3,260
Technical Sentiment Signal: Buy
Current Market Cap: Yen148.6B
For an in-depth examination of 8975 stock, go to TipRanks’ Overview page.