Mitsui Fudosan Logistics Park, Inc. (JP:3471) has released an update.
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Mitsui Fudosan Logistics Park Inc. is set to amend its investment guidelines and transaction rules as part of an upcoming merger with Advance Logistics Investment Corporation and a company split with ITOCHU REIT Management. This strategic move aims to enhance shareholder value by leveraging dual sponsor support from Mitsui Fudosan and the ITOCHU Group, focusing on advanced logistics facilities. The amendments are scheduled to take effect on November 1, 2024, pending the completion of the merger and company split.
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