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Nippon Building ( (JP:8951) ) has issued an announcement.
Nippon Building Fund Inc. announced the acquisition of CONNECT SAPPORO for 13,800 million yen and the disposition of NBF Sapporo Minami Nijo Bldg. for 1,900 million yen. The transaction is expected to enhance the company’s asset portfolio and generate a profit of 217 million yen from the disposition, reflecting strategic asset management and potential positive impacts on stakeholders.
The most recent analyst rating on (JP:8951) stock is a Sell with a Yen126000.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
More about Nippon Building
Nippon Building Fund Inc. operates within the real estate investment trust (REIT) industry, focusing on the acquisition, management, and disposition of real estate assets in Japan. The company is managed by Nippon Building Fund Management Ltd., which handles asset management services.
Average Trading Volume: 23,458
Technical Sentiment Signal: Buy
Current Market Cap: Yen1234.4B
For a thorough assessment of 8951 stock, go to TipRanks’ Stock Analysis page.