Kenedix Office Investment Corporation (JP:8972) has released an update.
Kenedix Office Investment Corporation plans to sell the Resora Obu Shopping Terrace property for a price higher than its book value, as part of its strategy to optimize portfolio quality. This decision comes amid concerns over rising future maintenance costs and aims to maintain competitiveness in the real estate market.
For further insights into JP:8972 stock, check out TipRanks’ Stock Analysis page.