Mitsubishi Estate Logistics REIT Investment Corp. (JP:3481) has released an update.
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Mitsubishi Estate Logistics REIT Investment Corporation has announced the acquisition of a new logistics facility in Aichi, Japan. The acquisition, priced at 2,047 million yen, is aimed at enhancing the company’s portfolio and increasing unitholder value by leveraging its hybrid model of development and asset management. This strategic move is expected to contribute to the steady growth and stability of MEL’s assets.
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