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XYMAX REIT Boosts Forecast Ahead of Property Transfer

XYMAX REIT Boosts Forecast Ahead of Property Transfer

XYMAX REIT Investment Corp. (JP:3488) has released an update.

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XYMAX REIT Investment Corporation has announced a positive revision to its operating status and distribution forecast for the fiscal period ending February 2025, citing an increase in operating revenues and income, as well as a higher distribution per unit for shareholders. The revision is largely due to the planned transfer of the XYMAX Mita Building, which has led to updated forecast assumptions. The company predicts a 14.6% increase in distribution per unit compared to the previous forecast.

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