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The latest announcement is out from JINUSHI Co.,Ltd. ( (JP:3252) ).
JINUSHI Co., Ltd. has announced a significant investment in a special purpose company (SPC) related to the commercial facility ‘Tocotoco Square’ in Tokorozawa City, Saitama Prefecture. This investment, which constitutes a specified subsidiary due to its size, involves acquiring the land underlying the facility, while the building will be operated by another domestic company. The SPC will utilize a GK-TK scheme for funding, with JINUSHI contributing 60% of the equity. This strategic move is expected to benefit from the area’s ongoing redevelopment and high tenant demand, enhancing JINUSHI’s position in the real estate market.
More about JINUSHI Co.,Ltd.
JINUSHI Co., Ltd. operates in the real estate industry, focusing on investments and management of land assets. The company is known for its strategic investments in land underlying commercial facilities, aiming to leverage high-demand areas for profitable returns.
Average Trading Volume: 86,262
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen46.46B
For detailed information about 3252 stock, go to TipRanks’ Stock Analysis page.