tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CRE Logistics REIT Announces Interest Rate for New Loan

Story Highlights
CRE Logistics REIT Announces Interest Rate for New Loan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

CRE Logistics REIT, Inc ( (JP:3487) ) has issued an announcement.

CRE Logistics REIT, Inc. announced the determination of the interest rate for a borrowing arrangement initially disclosed in June 2025. The loan, amounting to 800 million yen with an interest rate of 1.828%, will be drawn down on July 31, 2025, and repaid in a lump sum by July 31, 2030. The impact of this borrowing on the company’s financial outlook is considered immaterial, with no changes to the previously announced fiscal forecasts.

More about CRE Logistics REIT, Inc

CRE Logistics REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on logistics properties. The company is based in Tokyo, Japan, and is managed by CRE REIT Advisers, Inc.

Average Trading Volume: 1,511

Technical Sentiment Signal: Buy

Current Market Cap: Yen92.02B

See more data about 3487 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1