Daiwa Securities Living Investment ( (JP:8986) ) has provided an update.
Daiwa Securities Living Investment Corporation has announced a strategic transaction involving the acquisition of four rental housing properties and the disposition of two others. This move is aimed at diversifying and enhancing their portfolio to ensure stable revenue, with the acquisition properties meeting specific tenant selection criteria. The decision to dispose of certain properties was driven by favorable market conditions, allowing the company to enhance investor value by exceeding recent book and appraisal values.
More about Daiwa Securities Living Investment
Daiwa Securities Living Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing rental housing properties. The company aims to ensure steady growth of assets and stable earnings over the medium to long term.
YTD Price Performance: 8.33%
Average Trading Volume: 4
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.47B
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