Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from CRE Logistics REIT, Inc ( (JP:3487) ).
CRE Logistics REIT, Inc. has arranged a total of ¥6 billion in new borrowings, including a green loan syndicated among several major Japanese banks, to refinance existing debt and fund a planned property acquisition. The long-term portion, largely structured as a green loan under the REIT’s Green Finance Framework, will refinance ¥3.4 billion in loans maturing on January 30, 2026 that were used to acquire several LogiSquare logistics assets, while a ¥2.6 billion short-term facility will provide bridge financing for the acquisition of Atsugi Iiyama Minami Factory and related costs, to be repaid by June 30, 2026 with proceeds from the planned sale of a stake in LogiSquare Sayama Hidaka. The transaction underscores the REIT’s strategy of actively managing its liability profile, locking in funding through a mix of fixed and floating rate structures with interest-rate swaps, and deepening relationships with core lenders, while reinforcing its ESG credentials through expanded use of green financing tied to eligible logistics properties.
More about CRE Logistics REIT, Inc
CRE Logistics REIT, Inc. is a Japanese real estate investment trust specializing in logistics facilities, investing in properties such as LogiSquare-branded distribution and warehouse assets across Japan. Managed by CRE REIT Advisers, the REIT focuses on stable income from logistics real estate, positioning itself within Japan’s growing logistics and e-commerce infrastructure sector.
Average Trading Volume: 1,689
Technical Sentiment Signal: Buy
Current Market Cap: Yen105.2B
For detailed information about 3487 stock, go to TipRanks’ Stock Analysis page.