Japan Retail Investment (JP:8953) has released an update.
Japan Metropolitan Fund Investment Corporation (JMF) has announced an upward revision of its operating results and distribution forecasts for the 45th and 46th fiscal periods due to better-than-expected lease negotiations and revenue-based rents. The revised distribution per unit is anticipated to surpass pre-COVID-19 levels and reach a record high, reflecting the company’s internal growth and improved operating revenues. This optimistic update is based on the current asset management status and other factors.
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