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Advance Residence Investment ( (JP:3269) ) has issued an update.
Advance Residence Investment Corporation announced plans to secure debt financing to repay an existing loan due on June 25, 2025. The new loan, amounting to 2,300 million yen, will be drawn from the Development Bank of Japan and is scheduled for full repayment by June 26, 2028. This refinancing move is part of the company’s strategy to maintain financial stability and continue offering stable dividends, reinforcing its position as a defensive player in the J-REIT market.
The most recent analyst rating on (JP:3269) stock is a Hold with a Yen354000.00 price target. To see the full list of analyst forecasts on Advance Residence Investment stock, see the JP:3269 Stock Forecast page.
More about Advance Residence Investment
Advance Residence Investment Corporation is one of the largest Japanese Real Estate Investment Trusts (J-REITs) specializing in residential properties. Managed by ITOCHU REIT Management Co., Ltd., it owns rental properties across Japan, focusing primarily on Tokyo’s 23 wards. The corporation leverages the stability of residential assets and holds the largest reserve among J-REITs, aiming to provide long-term, stable dividends.
YTD Price Performance: 5.34%
Average Trading Volume: 6,354
Technical Sentiment Signal: Buy
Current Market Cap: Yen432.5B
See more data about 3269 stock on TipRanks’ Stock Analysis page.