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Universal Technologies Expands Real Estate Footprint with New Guangzhou Lease
Company Announcements

Universal Technologies Expands Real Estate Footprint with New Guangzhou Lease

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Universal Technologies Holdings Limited ( (HK:1026) ) has provided an announcement.

Universal Technologies Holdings Limited announced a 5-year lease agreement for premises in Guangzhou, China, to expand its commercial property leasing business. The lease, which includes a rent-free period and annual rent increments, is part of the company’s strategic efforts to increase its real estate footprint, potentially enhancing revenue from property leasing.

More about Universal Technologies Holdings Limited

Universal Technologies Holdings Limited is involved in water supply and related services, property investment and development, and financial services. The company also owns and leases commercial and retail properties, indicating a focus on real estate within its diversified portfolio.

YTD Price Performance: 7.25%

Average Trading Volume: 274,166

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$813.3M

See more data about 1026 stock on TipRanks’ Stock Analysis page.

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