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Nippon Accommodations Fund Inc. ( (JP:3226) ) just unveiled an update.
Mitsui Fudosan Accommodations Fund Management Co., Ltd. announced the acquisition of two properties, Park Cube Kinshicho and Park Cube Ueno Sakuragi, and the sale of Park Axis Takamiya Higashi. The transaction is part of a strategic move to enhance the investment portfolio and realize capital gains, which will be retained as a reserve fund. The sale is expected to yield a significant profit over the book value, which will be used for future acquisitions, debt repayment, and maintenance.
The most recent analyst rating on (JP:3226) stock is a Sell with a Yen109000.00 price target. To see the full list of analyst forecasts on Nippon Accommodations Fund Inc. stock, see the JP:3226 Stock Forecast page.
More about Nippon Accommodations Fund Inc.
Mitsui Fudosan Accommodations Fund Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in accommodation-related properties. The company is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., which aims to enhance its investment portfolio and ensure steady growth of assets under management.
Average Trading Volume: 5,500
Technical Sentiment Signal: Buy
Current Market Cap: Yen324B
For a thorough assessment of 3226 stock, go to TipRanks’ Stock Analysis page.