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CRE Logistics REIT Alters Sale Ratio for LogiSquare Kuki II
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CRE Logistics REIT Alters Sale Ratio for LogiSquare Kuki II

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CRE Logistics REIT, Inc ( (JP:3487) ) has shared an announcement.

CRE Logistics REIT, Inc. announced a change in the sale ratio of the trust beneficiary right to the real estate asset LogiSquare Kuki II. The adjustment, agreed upon with the buyer, affects the sales planned for early and mid-2025, resulting in a slight increase in the anticipated gain on sale due to reduced expenses. This change will not impact the fiscal results for the period ending December 31, 2024, and the impact on future forecasts is considered immaterial.

More about CRE Logistics REIT, Inc

CRE Logistics REIT, Inc. operates within the real estate industry, focusing on logistics properties in Japan. The company is managed by CRE REIT Advisers, Inc., specializing in asset management for logistics real estate assets.

YTD Price Performance: 1.45%

Average Trading Volume: 1,759

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen87.56B

For a thorough assessment of 3487 stock, go to TipRanks’ Stock Analysis page.

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