Comforia Residential REIT, Inc. (JP:3282) has released an update.
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Comforia Residential REIT, Inc. has announced its decision to borrow 3,000 million yen from SBI Shinsei Bank, Limited, aiming to finance the acquisition of new investment assets. This short-term loan features a one-year term and a variable interest rate linked to the JBA 1-month yen TIBOR. The additional funds will increase Comforia’s total interest-bearing debt to 175,029 million yen as of November 1, 2024.
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