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One REIT. Inc. ( (JP:3290) ) has shared an update.
One REIT, Inc. has announced the transfer of trust beneficiary rights for two properties, ONEST Minami-Otsuka Building and Shinkawa 1-chome Building, as part of its asset replacement strategy. The transfer aims to address portfolio issues by selling older assets requiring increased capital expenditure and acquiring new assets that promise stable revenue and growth, leveraging the favorable market conditions.
More about One REIT. Inc.
One REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in real estate assets to generate stable revenue and growth over the medium to long term. The company is based in Tokyo, Japan, and is managed by Mizuho REIT Management Co., Ltd.
Average Trading Volume: 2,962
Technical Sentiment Signal: Buy
Current Market Cap: Yen72B
See more insights into 3290 stock on TipRanks’ Stock Analysis page.