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Mitsubishi Estate Logistics REIT Investment Corp. ( (JP:3481) ) has provided an update.
Mitsubishi Estate Logistics REIT Investment Corporation reported its financial results for the fiscal period ending February 28, 2025, showing a slight decrease in operating revenues and income compared to the previous period. The company also announced a three-for-one split of investment units, effective March 1, 2025, which may impact future distributions and unit valuations. The financial outlook for the upcoming fiscal periods indicates a decrease in operating revenues and income, reflecting potential challenges in maintaining previous growth levels.
More about Mitsubishi Estate Logistics REIT Investment Corp.
Mitsubishi Estate Logistics REIT Investment Corporation (MEL) is a company listed on the Tokyo Stock Exchange, focusing on real estate investment trusts (REITs) in the logistics sector. The company is managed by Mitsubishi Jisho Investment Advisors, Inc., and it aims to provide stable income through investments in logistics facilities.
YTD Price Performance: 3.64%
Average Trading Volume: 4,155
Technical Sentiment Signal: Buy
Current Market Cap: Yen172.9B
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