XYMAX REIT Sells Building to Boost Portfolio

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

XYMAX REIT Investment Corporation has decided to sell the beneficiary rights of XYMAX Mita Building for 890 million yen, aiming to enhance their portfolio quality and investor returns. The transfer, resulting in a gain over book value, aligns with their strategy to acquire properties with higher revenue potential. Profits from the sale are slated to be redistributed to investors and to fund future property acquisitions.

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