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NTT UD REIT Updates on Investment Unit Acquisitions

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NTT UD REIT Updates on Investment Unit Acquisitions

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An update from NTT UD REIT Investment Corporation ( (JP:8956) ) is now available.

NTT UD REIT Investment Corporation announced the status of its acquisition of own investment units, revealing that no units were acquired in February 2025, while a total of 12,756 units were acquired from December 2024 to February 2025. The acquisitions were conducted through market purchases on the Tokyo Stock Exchange, with a total acquisition price of approximately 1.52 billion yen. This move is part of a broader strategy approved by the Board of Directors to acquire up to 43,000 units with a budget of 3.5 billion yen by April 2025, potentially impacting the company’s market positioning and shareholder value.

More about NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing a diversified portfolio of real estate properties. The company is part of the NTT Urban Development Asset Management Corporation, which specializes in urban development and asset management services.

YTD Price Performance: 10.87%

Average Trading Volume: 6,093

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen196.5B

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

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