Japan Logistics Fund Initiates Investment Unit Buyback and Cancellation Program

Japan Logistics Fund, Inc. ( (JP:8967) ) has issued an update.

Japan Logistics Fund, Inc. announced a buyback and cancellation program for its investment units, aiming to enhance investment efficiency and increase unitholder value. The program is designed to address the undervaluation of its units and improve the company’s cost of capital by reducing the total number of units, thereby increasing distribution per unit over the medium to long term.

More about Japan Logistics Fund, Inc.

Japan Logistics Fund, Inc. operates as a Real Estate Investment Trust (REIT) focusing on logistics properties. The company is managed by Mitsui & Co., Logistics Partners Ltd., and it aims to provide stable income and growth opportunities through investments in logistics facilities across Japan.

YTD Price Performance: 4.72%

Average Trading Volume: 7

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.49B

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