Japan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building

MT Newswires Live

Sep 13, 2024

Japan Metropolitan Fund Investment (TYO:8953) will undertake a large-scale renewal on the G-Bldg. Minami Ikebukuro 01 in Toshima-ku, Tokyo, to boost its competitiveness.

JMF received a third-party opinion on Thursday, confirming the positive impacts of the renewal and marking its second such recognition, according to a filing on the same day.

The renewal aims to extend the property's economic durability by over 60 years, improve total returns, and enhance unitholder value, with an expected 90 million yen increase in fixed rent and a 26% rise in appraisal value.

Price (JPY): $100200.00, Change: $+900, Percent Change: +0.91%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2467975763"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2467975763\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2467975763?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-13 08:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2467975763","market":"sh","top_or_hot":-1,"title":"Japan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building","media":"MT Newswires Live","content":"<html><body><p>Japan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building</p><p> Japan Metropolitan Fund Investment (TYO:8953) will undertake a large-scale renewal on the G-Bldg. Minami Ikebukuro 01 in Toshima-ku, Tokyo, to boost its competitiveness.</p><p>JMF received a third-party opinion on Thursday, confirming the positive impacts of the renewal and marking its second such recognition, according to a filing on the same day.</p><p>The renewal aims to extend the property's economic durability by over 60 years, improve total returns, and enhance unitholder value, with an expected 90 million yen increase in fixed rent and a 26% rise in appraisal value.</p><p>Price (JPY): $100200.00, Change: $+900, Percent Change: +0.91%</p></body></html>","source":"mtnewswires_live","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Japan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJapan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-13 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Japan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building Japan Metropolitan Fund Investment (TYO:8953) will undertake a large-scale renewal on the G-Bldg. Minami Ikebukuro...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2467975763","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467975763","pubTimestamp":1726188544,"columns":[],"sourceInfo":{"source_id":"mtnewswires_live","name":"MT Newswires Live"},"weMediaInfo":null,"summary":"Japan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building Japan Metropol","collect":0,"end_time":0,"defaultTopTitle":"mtnewswires.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CFA.SI":"NikkoAM-STC Asia REIT","TYO":"3倍做空7-10年期国债ETF-Direxion"},"translate_title":"日本大都会基金投资承担东京大厦的大规模更新","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TYO":1,"CFA.SI":1},"content_text":"Japan Metropolitan Fund Investment to Undertake Large-scale Renewal of Tokyo Building Japan Metropolitan Fund Investment (TYO:8953) will undertake a large-scale renewal on the G-Bldg. Minami Ikebukuro 01 in Toshima-ku, Tokyo, to boost its competitiveness.JMF received a third-party opinion on Thursday, confirming the positive impacts of the renewal and marking its second such recognition, according to a filing on the same day.The renewal aims to extend the property's economic durability by over 60 years, improve total returns, and enhance unitholder value, with an expected 90 million yen increase in fixed rent and a 26% rise in appraisal value.Price (JPY): $100200.00, Change: $+900, Percent Change: +0.91%","kind":"live","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}