Advance Residence Investment (JP:3269) has released an update.
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Advance Residence Investment Corporation has announced a new debt financing move to repay an existing loan due on October 31, 2024. The company, a leading J-REIT specializing in residential properties, aims to maintain its stable dividend and defensive investment strategy. This financial decision involves borrowing 500 million yen from Sumitomo Mitsui Banking Corporation, with repayment scheduled for October 31, 2028.
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