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XYMAX REIT Investment Corp. ( (JP:3488) ) just unveiled an announcement.
XYMAX REIT Investment Corporation announced a reduction in preferred capital and partial redemption of preferred investment securities related to TMK Hirakata Retail Facility Development. This financial maneuver, facilitated by surplus funds from specified bonds issued by TMK, will have a minor impact on the company’s operating results for the fiscal periods ending in February and August 2025, with financial forecasts remaining unchanged.
More about XYMAX REIT Investment Corp.
XYMAX REIT Investment Corporation, based in Tokyo, is a real estate investment trust securities issuer. It focuses on managing real estate assets through its asset management company, XYMAX Real Estate Investment Advisors Corporation.
YTD Price Performance: 1.86%
Average Trading Volume: 838
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen28.68B
For a thorough assessment of 3488 stock, go to TipRanks’ Stock Analysis page.