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NTT UD REIT Investment Corporation ( (JP:8956) ) has shared an update.
NTT UD REIT Investment Corporation announced the transfer of its interest in the Kanagawa Science Park R&D Building, citing increasing maintenance costs and favorable market conditions as reasons for the sale. The transaction is expected to result in a financial loss, but it aligns with the company’s strategic decision to optimize its portfolio and manage future revenue projections.
More about NTT UD REIT Investment Corporation
NTT UD REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on managing and investing in real estate properties. The company is managed by NTT Urban Development Asset Management Corporation, which oversees its asset management operations.
Average Trading Volume: 3,749
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen191.5B
See more data about 8956 stock on TipRanks’ Stock Analysis page.