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Sekisui House Reit ( (JP:3309) ) has provided an update.
Sekisui House Reit, Inc. has announced the cancellation of 51,459 of its own investment units, representing 1.2% of the total units issued and outstanding. This decision, made by the Board of Directors, will not affect the company’s performance forecasts for the upcoming fiscal periods, indicating a stable outlook for stakeholders.
The most recent analyst rating on (JP:3309) stock is a Sell with a Yen74000.00 price target. To see the full list of analyst forecasts on Sekisui House Reit stock, see the JP:3309 Stock Forecast page.
More about Sekisui House Reit
Sekisui House Reit, Inc. operates within the real estate investment trust (REIT) industry, focusing on acquiring, managing, and investing in real estate properties. The company is managed by Sekisui House Asset Management, Ltd., and it aims to provide stable income through diversified real estate investments.
YTD Price Performance: 6.90%
Average Trading Volume: 9,870
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen351.4B
Learn more about 3309 stock on TipRanks’ Stock Analysis page.