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Frontier Real Estate Investment Corporation ( (JP:8964) ) just unveiled an update.
Frontier Real Estate Investment Corporation announced the execution of long-term borrowings to finance the acquisition of a 30% quasi co-ownership stake in Mitsui Shopping Park LaLaport AICHI TOGO. This move, involving green loans and other borrowings, increases the company’s long-term borrowings by ¥11,000 million, reflecting its strategic efforts to enhance its property holdings and strengthen its position in the real estate market.
More about Frontier Real Estate Investment Corporation
Frontier Real Estate Investment Corporation operates in the real estate investment industry, focusing on acquiring and managing properties. Its primary services include managing real estate assets and investments, with a market focus on expanding its property portfolio through strategic acquisitions.
YTD Price Performance: 1.93%
Average Trading Volume: 6,025
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen213.2B
Learn more about 8964 stock on TipRanks’ Stock Analysis page.