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An announcement from Nippon Accommodations Fund Inc. ( (JP:3226) ) is now available.
Nippon Accommodations Fund Inc. announced proposed amendments to its Articles of Incorporation and the election of directors, which will be discussed at the upcoming General Meeting of Unitholders. Key amendments include enabling investments in shinkin banks and credit unions, aligning with new regulations, and modifying asset management fees to better align with unitholder interests. Additionally, NAF plans to enhance its brand by incorporating Mitsui Fudosan into its trade name. The election of a new Executive Director and three Supervisory Directors is also proposed, along with two substitute Executive Directors to ensure continuity.
More about Nippon Accommodations Fund Inc.
Nippon Accommodations Fund Inc. (NAF) is a real estate investment trust (REIT) that focuses on acquiring and managing rental apartments. It leverages the expertise and resources of the Mitsui Fudosan Group, which provides a comprehensive framework for operations related to rental residences, including marketing, land acquisition, development, leasing, and management.
YTD Price Performance: 1.31%
Average Trading Volume: 5,867
Technical Sentiment Signal: Sell
Current Market Cap: Yen293.3B
For detailed information about 3226 stock, go to TipRanks’ Stock Analysis page.