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Nippon Building Fund to Raise Capital via New Unit Issuance and Over-Allotment Offering

Story Highlights
  • Nippon Building Fund will issue 157,200 new units, with pricing set mid-January based on market value.
  • A secondary over-allotment of up to 7,800 units will support demand and liquidity for the expanded REIT float.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nippon Building Fund to Raise Capital via New Unit Issuance and Over-Allotment Offering

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Nippon Building ( (JP:8951) ) has shared an update.

Nippon Building Fund Inc. has approved the issuance of 157,200 new investment units through a public offering, with final pricing to be set between January 14 and 19, 2026, based on the Tokyo Stock Exchange market price at a 0.90–1.00 multiple. The transaction, to be fully underwritten by a syndicate of securities firms, may include sales to overseas investors in Europe and Asia, and will be accompanied by a secondary offering of up to 7,800 units via over-allotment by one of the joint lead managers, allowing stabilization of market demand and liquidity once the new units are listed.

The most recent analyst rating on (JP:8951) stock is a Buy with a Yen153828.00 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. is a Japanese real estate investment trust (REIT) listed on the Tokyo Stock Exchange that invests primarily in office and commercial properties, providing investors with access to income-generating real estate assets through listed investment units.

Average Trading Volume: 18,218

Technical Sentiment Signal: Buy

Current Market Cap: Yen1230B

See more data about 8951 stock on TipRanks’ Stock Analysis page.

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