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The latest announcement is out from JINUSHI Co.,Ltd. ( (JP:3252) ).
JINUSHI Co., Ltd. has announced the sale of 22 real estate properties to JINUSHI Private REIT, Inc. for approximately ¥28 billion, as part of the REIT’s 10th capital increase. This transaction is expected to boost JINUSHI REIT’s total asset size to ¥291.1 billion, bringing it closer to its medium-term goal of ¥300 billion by the end of fiscal year 2026. The sale highlights the long-term stability and investor demand for JINUSHI’s business model, which is resistant to natural disasters and market volatility.
More about JINUSHI Co.,Ltd.
JINUSHI Co., Ltd. operates in the real estate industry, focusing on the sale and management of leased land properties. The company is a sponsor of JINUSHI Private REIT, Inc., Japan’s only private REIT specializing in leased land, and manages assets through its subsidiary, JINUSHI Asset Management Co., Ltd.
Average Trading Volume: 139,013
Technical Sentiment Signal: Buy
Current Market Cap: Yen63.78B
For an in-depth examination of 3252 stock, go to TipRanks’ Overview page.