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Tokyu REIT Announces Change in Associated Company Status

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Tokyu REIT Announces Change in Associated Company Status

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The latest announcement is out from TOKYU REIT ( (JP:8957) ).

Tokyu REIT announced a change in its specified associated company status with Tokyu Land Corporation due to significant financial transactions over the past three years. This change, effective February 1, 2025, aligns with regulatory definitions and will not impact the company’s financial forecasts for the upcoming fiscal period.

More about TOKYU REIT

TOKYU REIT, Inc. is a real estate investment trust operating in Japan, primarily involved in the acquisition and disposition of real estate assets. Its operations are managed by Tokyu Real Estate Investment Management Inc., with a focus on leveraging real estate leasehold rights and surface rights, to generate returns for stakeholders.

YTD Price Performance: 7.70%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.02B

Find detailed analytics on 8957 stock on TipRanks’ Stock Analysis page.

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