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The latest announcement is out from Japan Logistics Fund ( (JP:8967) ).
Japan Logistics Fund, Inc. has announced plans to raise funds through bank loans to acquire a 45% quasi-co-ownership interest in the Ishikari Logistics Center and to redeem maturing investment corporation bonds. This move is expected to enhance JLF’s asset portfolio and strengthen its position in the logistics real estate sector, potentially benefiting stakeholders by increasing the fund’s asset base and improving financial flexibility.
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, Inc. operates as a Real Estate Investment Trust (REIT) focusing on logistics facilities in Japan. It is managed by Mitsui & Co., Logistics Partners Ltd., and aims to provide stable income through investments in logistics properties.
Average Trading Volume: 4,596
Technical Sentiment Signal: Buy
Current Market Cap: Yen277.1B
For detailed information about 8967 stock, go to TipRanks’ Stock Analysis page.