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Daiwa Office Investment Corporation ( (JP:8976) ) has provided an announcement.
Daiwa Office Investment Corporation announced the borrowing of 1,500 million yen from Sumitomo Mitsui Trust Bank to refinance an existing loan due on February 28, 2025. This financial maneuver is part of the company’s strategy to maintain its financial stability without altering its risk profile, as there is no change in the investment risks associated with this borrowing.
More about Daiwa Office Investment Corporation
Daiwa Office Investment Corporation operates in the real estate investment trust (REIT) industry, focusing primarily on managing and investing in office buildings. The company is managed by Daiwa Real Estate Asset Management Co. Ltd., which specializes in the acquisition and asset management of real estate properties, aiming to optimize returns for its stakeholders.
YTD Price Performance: 2.32%
Average Trading Volume: 1,811
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen275.3B
See more insights into 8976 stock on TipRanks’ Stock Analysis page.
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