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IREIT Global Extends and Increases Loan Facility

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IREIT Global Extends and Increases Loan Facility

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The latest announcement is out from IREIT Global ( (SG:UD1U) ).

IREIT Global has announced an amendment to its existing facility agreement with UniCredit Bank GmbH and Landesbank Hessen-Thüringen Girozentrale, increasing the loan facility to €220,760,000 and extending the maturity date to July 31, 2029. This move is significant for IREIT’s financial strategy, as it provides additional capital and extends the timeline for repayment, potentially enhancing the company’s operational flexibility and market positioning.

The most recent analyst rating on (SG:UD1U) stock is a Hold with a S$0.30 price target. To see the full list of analyst forecasts on IREIT Global stock, see the SG:UD1U Stock Forecast page.

More about IREIT Global

IREIT Global is a real estate investment trust based in Singapore, managed by IREIT Global Group Pte. Ltd. The company focuses on property investments and management, with a market focus on real estate assets.

Average Trading Volume: 686,684

Technical Sentiment Signal: Buy

Current Market Cap: S$390M

Find detailed analytics on UD1U stock on TipRanks’ Stock Analysis page.

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