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Japan Logistics Fund ( (JP:8967) ) has provided an announcement.
Japan Logistics Fund has approved a new buyback and cancellation program for its investment units in response to units trading below net asset value and the limited execution of an earlier repurchase authorization. The REIT plans to repurchase up to 16,000 units, or 0.58% of outstanding units (excluding treasury units), for up to ¥1.5 billion between January 5 and March 31, 2026, and to cancel all units acquired by fiscal period-ends in January and July 2026. Framed as part of its capital recycling strategy alongside recent asset disposals and reinvestments, the move is intended to support its distribution-per-unit target of at least ¥2,150, deliver annual FFO-per-unit growth of 2.2% or more, and ultimately improve cost of capital and medium- to long-term unitholder value by reducing the number of units outstanding.
The most recent analyst rating on (JP:8967) stock is a Hold with a Yen109188.00 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 is a Japanese real estate investment trust (J-REIT) specializing in logistics facilities, managed by Mitsui & Co. Logistics Partners. It focuses on building a portfolio of income-generating distribution and warehouse properties, targeting stable distributions and steady growth in funds from operations for its unitholders.
Average Trading Volume: 4,368
Technical Sentiment Signal: Buy
Current Market Cap: Yen284.2B
For an in-depth examination of 8967 stock, go to TipRanks’ Overview page.