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Hankyu Hanshin REIT, Inc. ( (JP:8977) ) has issued an announcement.
Hankyu Hanshin REIT, Inc. has completed an interest rate swap agreement to stabilize the interest rate on a borrowing of 3,400 million yen, effectively fixing it at 1.985%. This strategic financial move is expected to provide more predictable financial outcomes and potentially enhance the company’s financial stability, benefiting stakeholders by mitigating interest rate risks.
More about Hankyu Hanshin REIT, Inc.
Hankyu Hanshin REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in a diversified portfolio of real estate assets. The company is involved in asset management through its subsidiary, Hankyu Hanshin REIT Asset Management, Inc., and primarily targets properties in Japan.
Average Trading Volume: 1,440
Technical Sentiment Signal: Buy
Current Market Cap: Yen118.8B
For an in-depth examination of 8977 stock, go to TipRanks’ Overview page.