TSE:8953Retail REITs
Japan Metropolitan Fund Investment (TSE:8953) Valuation After Osaka Asset Sale And Capital Recycling Plan
Japan Metropolitan Fund Investment (TSE:8953) is in focus after agreeing to sell its Osaka EDION Kyobashi retail land asset at a 15% premium to appraisal, generating about ¥1.1b in gains.
See our latest analysis for Japan Metropolitan Fund Investment.
The recent asset sale sits against a weaker short term backdrop, with the 30 day share price return down 6.05% and the year to date share price return down 12.69%, even as the 1 year total shareholder return is 15.52% and the 3 year total...