Japan Retail Investment (JP:8953) has released an update.
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Japan Metropolitan Fund Investment Corporation (JMF) has scheduled to redeem its full equity interest in DREAM Mezzanine Debt Separate3 Investment Limited Partnership on October 7, 2024. The redemption coincides with the sale of the underlying property in Tokyo, with the final dividend payment expected in February 2025. This financial move is projected to have a minor impact on JMF’s fiscal results for February 2025.
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