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Ichigo Owners Divests Residential Assets for JPY 11.2 Billion

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Ichigo Owners Divests Residential Assets for JPY 11.2 Billion

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Ichigo ( (JP:2337) ) has shared an announcement.

Ichigo Inc.’s subsidiary, Ichigo Owners, has sold 11 residential assets worth JPY 11.2 billion to a domestic institutional investor, a private fund owned by The Dai-Ichi Life Insurance Co., Ltd. The sale of these fully leased assets is part of Ichigo’s strategy to secure stable earnings streams and has been incorporated into the company’s FY25/2 financial forecast.

More about Ichigo

Ichigo Inc. operates in the real estate industry, providing high-quality real estate owner services primarily focused on acquiring and leasing residential assets in central Tokyo. Its subsidiary, Ichigo Owners, is dedicated to meeting clients’ long-term real estate investment needs through strategic asset management.

YTD Price Performance: 0.85%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.05B

For detailed information about 2337 stock, go to TipRanks’ Stock Analysis page.

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