LaSalle LOGIPORT REIT ( (JP:3466) ) has issued an announcement.
LaSalle LOGIPORT REIT announced an additional acquisition of a tokumei kumiai equity interest in LRF3 Properties GK and the redemption of preferred shares in Japan Logistics Development 1 TMK. This strategic move aligns with their active asset management strategy, aiming to optimize capital use and increase unitholder value. The acquisition involves the Matsudo Matsuhidai Logistics Center and Urayasu Logistics Center, marking a significant step in their excess return strategy through development profits.
More about LaSalle LOGIPORT REIT
LaSalle LOGIPORT REIT operates in the real estate investment industry, focusing on logistics properties in Japan. The company is managed by LaSalle REIT Advisors K.K., which specializes in asset management and investment strategies to enhance unitholder value.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.65B
See more data about 3466 stock on TipRanks’ Stock Analysis page.