Industrial & Infrastructure Fund Investment Corporation (JP:3249) has released an update.
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Industrial & Infrastructure Fund Investment Corporation has announced the acquisition and leasing of a vehicle maintenance center in Shimonoseki, Japan, aiming to enhance its asset portfolio’s profitability and stability. This acquisition aligns with IIF’s strategy to invest in quality assets, with the property offering a favorable NOI yield and a long-term lease agreement until 2047 with Mitsubishi Fuso, ensuring limited financial burden and addressing inflation risks.
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