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Comforia REIT Expands Through Full Allotment Exercise

Comforia REIT Expands Through Full Allotment Exercise

Comforia Residential REIT, Inc. (JP:3282) has released an update.

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Comforia Residential REIT, Inc. has announced the complete exercise of an allottee’s option to purchase all new investment units offered through third-party allotment, with a total of 1,070 units at an issue value of 308,253,090 yen. The proceeds will be used for future asset acquisitions, increasing the total number of issued units to 780,342 post-allotment. The subscription and payment for the units are scheduled for August 20 and August 21, 2024, respectively.

For further insights into JP:3282 stock, check out TipRanks’ Stock Analysis page.

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