TOKYO, Mar 17 (Pulse News Wire) – Japan Logistics Fund,inc. (8967.T) plans to amend its regulations and appoint new executives at its upcoming shareholders' meeting scheduled for April 23.
The amendments aim to enhance flexibility in investment opportunities and ensure appropriate balance among board members. Key changes include allowing up to half of assets to be invested in non-real estate securities and expanding investment options beyond real estate assets. Additionally, the company will consider loans from credit unions and cooperatives based on the Credit Union Law and Small and Medium Enterprise Cooperatives Act.
Separately, the firm intends to introduce incentives for asset management performance linked to per-share FFO levels and establish bonuses for mergers aimed at enhancing operational efficiency. The proposed changes will take effect from April 1, 2026. Investors are urged to review attached materials and return their voting forms by April 22.
The meeting will also feature a report on asset management status post-event.
🟡 Confidence: Standard AI-translated content.