Ichigo Office REIT Investment Corporation (JP:8975) has released an update.
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Ichigo Office REIT Investment Corporation has secured a JPY 1,000 million committed term loan to enhance its portfolio of mid-sized offices through value-add capital expenditures. This strategic move aims to increase shareholder value and achieve long-term total returns of over 8%. The loan will facilitate proactive asset management, distinguishing Ichigo’s portfolio while maintaining essential building upkeep.
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