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XYMAX REIT Amends Lease Agreement for Vita Seiseki-Sakuragaoka

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XYMAX REIT Amends Lease Agreement for Vita Seiseki-Sakuragaoka

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XYMAX REIT Investment Corp. ( (JP:3488) ) just unveiled an update.

XYMAX REIT Investment Corporation has amended the lease agreement for its investment asset, Vita Seiseki-Sakuragaoka, by increasing the security deposit to 219,810,000 yen. This adjustment is aimed at ensuring secure payment obligations and facilitating smooth fund transfers under sublease agreements. The impact of this amendment on the company’s operations and financial forecasts for the fiscal period ending August 2025 is expected to be minimal, with no changes to previously announced forecasts.

More about XYMAX REIT Investment Corp.

XYMAX REIT Investment Corporation operates in the real estate investment trust (REIT) sector, focusing on managing investment assets through its asset management company, XYMAX REAL ESTATE INVESTMENT ADVISORS Corporation. The company primarily deals with real estate assets and is based in Tokyo, Japan.

YTD Price Performance: 0.67%

Average Trading Volume: 950

Technical Sentiment Signal: Sell

Current Market Cap: Yen27.51B

See more data about 3488 stock on TipRanks’ Stock Analysis page.

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