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NIPPON REIT Completes Tokyo Property Transfer

NIPPON REIT Completes Tokyo Property Transfer

NIPPON REIT Investment Corp (JP:3296) has released an update.

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NIPPON REIT Investment Corporation has completed the transfer of a real estate trust beneficiary interest in Tokyo as part of its asset management strategy. This move, initially announced in August 2024, involves the property known as Shinto GINZA EAST. The transfer enhances NIPPON REIT’s portfolio optimization efforts.

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