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The latest update is out from CRE Logistics REIT, Inc ( (JP:3487) ).
CRE Logistics REIT, Inc. has entered into an interest rate swap agreement to mitigate interest rate volatility on a 3,700 million yen loan, effectively fixing the interest rate at 1.699%. This move is part of the company’s refinancing strategy, including a green loan, and is expected to have an immaterial impact on its financial forecasts for the fiscal periods ending in 2025.
More about CRE Logistics REIT, Inc
CRE Logistics REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on logistics facilities. The company is based in Tokyo, Japan, and is managed by CRE REIT Advisers, Inc.
Average Trading Volume: 1,656
Technical Sentiment Signal: Buy
Current Market Cap: Yen94.47B
Learn more about 3487 stock on TipRanks’ Stock Analysis page.