Kenedix Office Investment Corporation ( (JP:8972) ) has shared an announcement.
Kenedix Office Investment Corporation announced the cancellation of 40,111 of its own investment units, accounting for 1% of the total units issued, as decided by its Board of Directors. This move is expected to slightly increase distributions per unit, but the overall impact on the company’s financial results for the upcoming fiscal periods is minimal, leaving financial forecasts unchanged.
More about Kenedix Office Investment Corporation
Kenedix Office Investment Corporation operates as a real estate investment trust (REIT) focused on managing and investing in office properties. It is managed by Kenedix Real Estate Fund Management, Inc., which specializes in real estate fund management services.
YTD Price Performance: 1.69%
Average Trading Volume: 1
Technical Sentiment Signal: Strong Buy
Current Market Cap: €3.78B
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