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LaSalle LOGIPORT REIT Completes Strategic Asset Acquisition

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LaSalle LOGIPORT REIT Completes Strategic Asset Acquisition

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LaSalle LOGIPORT REIT ( (JP:3466) ) has issued an announcement.

LaSalle LOGIPORT REIT has completed the acquisition of preferred shares in LLHC TMK for 833 million yen, as part of a strategic restructuring of its investment portfolio. This acquisition is expected to enhance the company’s asset base and potentially improve returns for stakeholders, reinforcing its position in the logistics real estate market.

The most recent analyst rating on (JP:3466) stock is a Buy with a Yen156038.00 price target. To see the full list of analyst forecasts on LaSalle LOGIPORT REIT stock, see the JP:3466 Stock Forecast page.

More about LaSalle LOGIPORT REIT

LaSalle LOGIPORT REIT operates in the real estate investment trust (REIT) industry, focusing on logistics facilities in Japan. The company primarily engages in acquiring, managing, and leasing logistics properties, aiming to provide stable income and growth opportunities for its investors.

YTD Price Performance: 14.19%

Average Trading Volume: 4,914

Technical Sentiment Signal: Buy

Current Market Cap: Yen273.9B

For a thorough assessment of 3466 stock, go to TipRanks’ Stock Analysis page.

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