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CRE Logistics REIT, Inc ( (JP:3487) ) has issued an update.
CRE Logistics REIT, Inc. has entered into an interest rate swap agreement to hedge against interest volatility on a loan of 4,900 million yen. This decision is aimed at stabilizing future interest rates, with the impact on financial forecasts considered immaterial, maintaining stability for stakeholders.
More about CRE Logistics REIT, Inc
CRE Logistics REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on logistics properties in Japan. The company primarily engages in managing and acquiring logistics facilities, aiming to provide stable income through real estate investment.
YTD Price Performance: 1.96%
Average Trading Volume: 1,762
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen88B
Learn more about 3487 stock on TipRanks’ Stock Analysis page.