Advance Residence Investment Corporation [3269.T]
TOKYO, Mar 31 (Pulse News Wire) – Advance Residence Investment Corporation (3269.T) announced that its asset management firm, Itochu Real Estate Management Co., approved the transfer of shares held by Itochu Urban Development Co. to Itochu Corp effective April 1, 2026.
As a result, Itochu Urban Development will no longer be considered a major shareholder, holding 1,200 shares (1.2%) of the total outstanding shares of 100,000. Itochu Urban Development, headquartered in Tokyo, Minato Ku Akasaka Ni Choume9-11, had previously owned 1,200 shares representing 1.2% of the total outstanding shares.
Following the transfer, Itochu Corp will hold 6,000 shares, increasing their stake to 6%. The transaction does not impact Advance Residence's operations or investment strategy.
The company will continue to operate under existing policies and will promptly disclose any significant developments moving forward.
🟢 Confidence: High AI-translated content.