Japan Retail Investment (JP:8953) has released an update.
Japan Metropolitan Fund Investment Corporation (JMF) has set the prices for its new investment units and secondary offering, with a public offering of 204,100 units and a secondary offering of 10,200 units. The funds raised will be allocated to partially finance the acquisition of three new properties as previously announced on September 25, 2024. Any unsold investment units from the third-party allotment will be cancelled after the subscription period ending on November 5, 2024.
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