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The latest update is out from Japan Logistics Fund ( (JP:8967) ).
Japan Logistics Fund, Inc. has completed an asset swap involving the acquisition of a 50% co-ownership interest in the Kita Nagoya Logistics Center and the disposition of an 18% co-ownership interest in the Ichikawa Logistics Center II. The transaction, valued at a net difference of 360 million yen, is part of the company’s strategic asset management to enhance its portfolio. The swap is not expected to affect the company’s financial forecasts for the upcoming six-month period, indicating a stable outlook for stakeholders.
The most recent analyst rating on (JP:8967) stock is a Buy with a Yen106000.00 price target. To see the full list of analyst forecasts on Japan Logistics Fund stock, see the JP:8967 Stock Forecast page.
More about Japan Logistics Fund
Japan Logistics Fund, Inc. operates as a Real Estate Investment Trust (REIT) focusing on logistics facilities in Japan. The company is managed by Mitsui & Co., Logistics Partners Ltd., and specializes in acquiring, managing, and leasing logistics properties to optimize asset value and provide stable income to its stakeholders.
Average Trading Volume: 5,387
Technical Sentiment Signal: Buy
Current Market Cap: Yen259.1B
For an in-depth examination of 8967 stock, go to TipRanks’ Overview page.
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