Japan Retail Investment (JP:8953) has released an update.
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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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