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GLP J-REIT Reduces Bond Interest Rate After Meeting Sustainability Targets

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GLP J-REIT Reduces Bond Interest Rate After Meeting Sustainability Targets

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GLP J-REIT ( (JP:3281) ) has shared an update.

GLP J-REIT announced a reduction in the interest rate for its 18th Unsecured Bonds due to the achievement of Sustainability Performance Targets by the end of 2024. This reduction reflects the company’s commitment to sustainability and could enhance its attractiveness to environmentally conscious investors.

The most recent analyst rating on (JP:3281) stock is a Buy with a Yen151500.00 price target. To see the full list of analyst forecasts on GLP J-REIT stock, see the JP:3281 Stock Forecast page.

More about GLP J-REIT

GLP J-REIT is a real estate investment trust focused on the acquisition, management, and leasing of logistics facilities. The company operates primarily in Japan, providing investment opportunities in high-quality logistics properties, and is managed by GLP Japan Advisors Inc.

Average Trading Volume: 11,093

Technical Sentiment Signal: Buy

Current Market Cap: Yen621.3B

See more insights into 3281 stock on TipRanks’ Stock Analysis page.

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