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NTT UD REIT Completes Acquisition and Cancellation of Investment Units

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NTT UD REIT Completes Acquisition and Cancellation of Investment Units

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

NTT UD REIT Investment Corporation has completed the acquisition and subsequent cancellation of its own investment units, as resolved in a Board of Directors meeting. The acquisition involved purchasing 13,800 units at a total price of 1,656,228,500 yen, with the cancellation scheduled for April 30, 2025. This move is expected to have minimal impact on the company’s performance forecasts for the fiscal periods ending in April and October 2025.

More about NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation operates within the real estate investment trust (REIT) industry, focusing on acquiring and managing a diversified portfolio of real estate properties. The company is managed by NTT Urban Development Asset Management Corporation, which oversees its investment strategies and operations.

YTD Price Performance: 9.78%

Average Trading Volume: 5,665

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen194.6B

For detailed information about 8956 stock, go to TipRanks’ Stock Analysis page.

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