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NTT UD REIT Acquires Own Investment Units to Boost Portfolio

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NTT UD REIT Acquires Own Investment Units to Boost Portfolio

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NTT UD REIT Investment Corporation ( (JP:8956) ) has issued an update.

NTT UD REIT Investment Corporation announced the acquisition of 12,756 of its own investment units between December 17, 2024, and January 31, 2025, for approximately 1.52 billion yen. This move, conducted through market purchases on the Tokyo Stock Exchange, is part of a broader strategy to acquire up to 43,000 units by April 10, 2025, highlighting the corporation’s commitment to optimizing its investment portfolio and potentially enhancing shareholder value.

More about NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation is a real estate investment trust focusing on acquiring and managing real estate assets. The company operates under the management of NTT Urban Development Asset Management Corporation, which is dedicated to enhancing asset value through strategic investments and management in the real estate sector.

YTD Price Performance: 10.54%

Average Trading Volume: 5,525

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen195.9B

See more insights into 8956 stock on TipRanks’ Stock Analysis page.

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