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CRE Logistics REIT Announces Change in Asset Manager’s Parent Company

Story Highlights
  • CRE Logistics REIT focuses on logistics properties in the real estate sector.
  • SMFL MIRAI Partners will acquire a majority stake in CRE, Inc., changing the asset manager’s parent company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from CRE Logistics REIT, Inc ( (JP:3487) ) is now available.

CRE Logistics REIT, Inc. announced a change in its asset manager’s parent company, with SMFL MIRAI Partners Company, Limited set to acquire a majority stake in CRE, Inc., the asset manager’s owner. This change, effective March 21, 2025, will result in Sumitomo Mitsui Finance and Leasing Company, Limited becoming the new parent company, potentially impacting CRE REIT’s strategic direction and stakeholder relations.

More about CRE Logistics REIT, Inc

CRE Logistics REIT, Inc. operates within the real estate investment trust industry, focusing on logistics properties. The company is managed by CRE REIT Advisers, Inc., which handles asset management for its real estate investments.

YTD Price Performance: 4.80%

Average Trading Volume: 2,335

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: Yen88.82B

See more insights into 3487 stock on TipRanks’ Stock Analysis page.

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