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Mitsui Fudosan Logistics Park Inc. Announces Strategic Asset Acquisition and Leasing Plan

Story Highlights
  • Mitsui Fudosan Logistics Park Inc. focuses on logistics facilities in the real estate sector.
  • The company plans strategic acquisitions to enhance its portfolio and drive growth.
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Mitsui Fudosan Logistics Park Inc. Announces Strategic Asset Acquisition and Leasing Plan

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Mitsui Fudosan Logistics Park, Inc. ( (JP:3471) ) has shared an announcement.

Mitsui Fudosan Logistics Park Inc. announced a strategic acquisition and leasing plan for domestic beneficiary interests in trust assets, aiming to strengthen its portfolio in line with its medium-term growth strategy. The company has transferred JPY 39.1 billion in assets since a merger, returning JPY 5.7 billion in disposal gains to unitholders, and plans to acquire properties valued at JPY 40.2 billion to drive future growth, targeting an annual DPU growth of 4% or higher.

More about Mitsui Fudosan Logistics Park, Inc.

Mitsui Fudosan Logistics Park Inc. (MFLP-REIT) operates in the real estate investment trust industry, focusing on logistics facilities. The company aims to enhance its portfolio through strategic acquisitions and disposals, leveraging its dual sponsors to drive growth and deliver returns to unitholders.

Average Trading Volume: 11,104

Technical Sentiment Signal: Buy

Current Market Cap: Yen383.8B

See more data about 3471 stock on TipRanks’ Stock Analysis page.

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