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Mitsui Fudosan Logistics Park Expands Property Portfolio with New Additions

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Mitsui Fudosan Logistics Park Expands Property Portfolio with New Additions

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Mitsui Fudosan Logistics Park, Inc. ( (JP:3471) ) has provided an update.

Mitsui Fudosan Logistics Park Inc. announced the addition of two new properties, MFLP Shinkiba II and MFLP Tsukubamirai, to its list of ‘right of first look and preferential negotiation properties.’ These properties are expected to enhance the company’s portfolio with state-of-the-art logistics facilities, contributing to the stability and competitiveness of its operations. The addition aligns with the company’s strategy to secure leading-edge logistics facilities and further diversify its holdings, although no immediate acquisition decision has been made.

More about Mitsui Fudosan Logistics Park, Inc.

Mitsui Fudosan Logistics Park Inc. operates in the real estate investment trust (REIT) sector, focusing on logistics facilities. The company is managed by Mitsui Fudosan Logistics REIT Management Co., Ltd., and it is sponsored by Mitsui Fudosan Co., Ltd. Their primary service involves the acquisition and management of logistics properties, with a strategic partnership with Mitsui Fudosan and ITOCHU Corporation to expand their portfolio.

Average Trading Volume: 11,026

Technical Sentiment Signal: Buy

Current Market Cap: Yen352.9B

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