TOKYU REIT (JP:8957) has released an update.
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TOKYU REIT, Inc. has revised its expected operating condition and distribution forecast for the 42nd and 43rd fiscal periods ending July 2024 and January 2025, respectively. The adjustment reflects a slight increase in forecasted revenues and net income for both periods, with distribution per unit for FP 42 rising by 50 yen. The revisions are partly due to a 73 million yen gain from a recent property sale and updated assumptions for the forecasted figures.
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