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IIF Completes Acquisition of Narashino Logistics Center I

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IIF Completes Acquisition of Narashino Logistics Center I

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Industrial & Infrastructure Fund Investment Corporation ( (JP:3249) ) has issued an update.

Industrial & Infrastructure Fund Investment Corporation (IIF) has completed the acquisition of the IIF Narashino Logistics Center I, a newly constructed logistics facility. This acquisition, valued at 5,126 million yen, is part of IIF’s strategy to strengthen its portfolio in industrial real estate. The facility has received high energy efficiency ratings, indicating a commitment to sustainable practices. This move is expected to enhance IIF’s market position by expanding its asset base and potentially increasing its revenue streams.

The most recent analyst rating on (JP:3249) stock is a Buy with a Yen130169.00 price target. To see the full list of analyst forecasts on Industrial & Infrastructure Fund Investment Corporation stock, see the JP:3249 Stock Forecast page.

More about Industrial & Infrastructure Fund Investment Corporation

Industrial & Infrastructure Fund Investment Corporation (IIF) is a company listed on the Tokyo Stock Exchange, focusing on investments in industrial and infrastructure-related real estate. It primarily deals with the acquisition, leasing, and management of logistics centers and other industrial properties, aiming to enhance its portfolio and provide stable returns to its stakeholders.

YTD Price Performance: 19.57%

Average Trading Volume: 7,739

Technical Sentiment Signal: Buy

Current Market Cap: Yen328.7B

See more data about 3249 stock on TipRanks’ Stock Analysis page.

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