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Heiwa Real Estate REIT Settles Interest Rates on New Loans

Story Highlights
  • Heiwa Real Estate REIT settles interest rates for two loans totaling 440 million yen.
  • The loans have fixed rates and repayment dates in 2029 and 2032, with no change in investment risks.
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Heiwa Real Estate REIT Settles Interest Rates on New Loans

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Heiwa Real Estate REIT, Inc. ( (JP:8966) ) just unveiled an update.

Heiwa Real Estate REIT, Inc. announced the settlement of interest rates for two term loans with MUFG Bank, Ltd., totaling 440 million yen. The fixed interest rates for these loans are set at 1.55125% and 1.89625%, with repayment dates in 2029 and 2032, respectively. This financial move is part of the company’s ongoing efforts to manage its capital structure effectively, with no change in the associated investment risks as previously detailed.

More about Heiwa Real Estate REIT, Inc.

Heiwa Real Estate REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in real estate properties. The company is based in Tokyo, Japan, and is involved in acquiring, managing, and leasing real estate assets to generate income for its investors.

Average Trading Volume: 3,724

Technical Sentiment Signal: Buy

Current Market Cap: Yen155B

For detailed information about 8966 stock, go to TipRanks’ Stock Analysis page.

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