Sekisui House Reit (JP:3309) has released an update.
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Sekisui House Reit, Inc. is set to receive a 468 million yen refund from the disposal of the silent partnership equity interest in ‘Godo Kaisha Gemini1,’ which is connected to ‘Akasaka Garden City.’ The refund will result in an expected gain of 32 million yen for the company. The financial impact of the refund on SHR’s performance forecasts for the current and next fiscal periods is considered minimal.
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