Daiwa House Logistics Trust (SG:DHLU) has released an update.
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Daiwa House Logistics Trust has secured a JPY 3.03 billion unsecured loan, which is contingent on maintaining current management and ownership structures. The conditions of the loan stipulate that any change in management or ownership without lender consent may trigger repayment demands or cancellation of commitments. As of the announcement, the trust remains in compliance with these terms, with a total of approximately S$75.7 million in facilities potentially impacted by any breach.
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