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Sekisui House Reit ( (JP:3309) ) has provided an announcement.
Sekisui House Reit, Inc. announced a refund of investment from its silent partnership equity interest in Godo Kaisha Gemini2, linked to the asset Ningyocho PREX. The disposition of this underlying asset results in a minimal financial impact on the company’s performance forecasts for the upcoming fiscal periods, and the preferential negotiation rights for acquiring Ningyocho PREX will cease to exist.
The most recent analyst rating on (JP:3309) stock is a Buy with a Yen85767.00 price target. To see the full list of analyst forecasts on Sekisui House Reit stock, see the JP:3309 Stock Forecast page.
More about Sekisui House Reit
Sekisui House Reit, Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in real estate assets. The company is involved in acquiring, managing, and disposing of real estate properties and related assets to generate income for its investors.
YTD Price Performance: 8.10%
Average Trading Volume: 10,094
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen355.3B
See more insights into 3309 stock on TipRanks’ Stock Analysis page.