Japan Real Estate Investment (JP:8952) has released an update.
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Japan Real Estate Investment Corporation has announced the acquisition of additional ownership in Hachioji First Square, increasing its stake to 84.4%. The acquisition, valued at JPY 255 million, aims to enhance JRE’s asset value and competitiveness by leveraging the property’s strategic location and high-quality facilities. Located in a prime area of Hachioji, the property offers excellent accessibility and modern office features, expected to boost its mid-to-long-term investment appeal.
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