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NTT UD REIT Acquires Osaka Residential Property to Boost Portfolio

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NTT UD REIT Acquires Osaka Residential Property to Boost Portfolio

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The latest announcement is out from NTT UD REIT Investment Corporation ( (JP:8956) ).

NTT UD REIT Investment Corporation announced the acquisition of a residential property, La Douceur Miyakojima Takakuracho, in Osaka City for 1,140 million yen. This acquisition aims to improve the company’s portfolio quality and contribute to its medium-to-long-term profitability, leveraging proceeds from the sale of existing properties.

The most recent analyst rating on (JP:8956) stock is a Buy with a Yen154550.00 price target. To see the full list of analyst forecasts on NTT UD REIT Investment Corporation stock, see the JP:8956 Stock Forecast page.

More about NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation operates in the real estate investment sector, focusing on acquiring and managing real estate properties. Its primary services include asset management and real estate investment, with a market focus on enhancing portfolio quality and profitability.

Average Trading Volume: 3,027

Technical Sentiment Signal: Buy

Current Market Cap: Yen205.1B

For a thorough assessment of 8956 stock, go to TipRanks’ Stock Analysis page.

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