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Ichigo Office REIT Investment Corporation ( (JP:8975) ) has provided an update.
Ichigo Office REIT Investment Corporation has announced the execution of a JPY 881 million loan to fund value-add capital expenditures, which is part of a previously announced JPY 1,000 million commitment term loan. This move is intended to drive asset value and net asset value per share. The loan, with a 7-year term and an interest rate of 3M JPY TIBOR +0.62% per annum, is expected to have minimal impact on the company’s earnings for the October 2025 and April 2026 fiscal periods, and does not alter the company’s financial forecasts or investment risk profile.
The most recent analyst rating on (JP:8975) stock is a Hold with a Yen101097.00 price target. To see the full list of analyst forecasts on Ichigo Office REIT Investment Corporation stock, see the JP:8975 Stock Forecast page.
More about Ichigo Office REIT Investment Corporation
Ichigo Office REIT Investment Corporation is a company operating in the real estate investment trust (REIT) industry, focusing on office properties. It aims to enhance asset value and net asset value per share through strategic investments and value-add capital expenditures.
Average Trading Volume: 3,222
Technical Sentiment Signal: Buy
Current Market Cap: Yen148.5B
See more data about 8975 stock on TipRanks’ Stock Analysis page.