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Japan Hotel Reit Investment ( (JP:8985) ) has provided an announcement.
Japan Hotel REIT Investment Corporation has finalized an interest rate swap contract to stabilize the interest rates on its new loans, which were previously announced as part of a refinancing initiative with a green loan. This strategic move is expected to fix approximately 80% of the company’s interest-bearing debts at a stable rate, thereby reducing financial risk and potentially enhancing financial stability for stakeholders.
The most recent analyst rating on (JP:8985) stock is a Buy with a Yen100909.00 price target. To see the full list of analyst forecasts on Japan Hotel Reit Investment stock, see the JP:8985 Stock Forecast page.
More about Japan Hotel Reit Investment
Japan Hotel REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing hotel properties. The company primarily invests in hotel assets across Japan, aiming to generate stable income through strategic asset management and property acquisitions.
Average Trading Volume: 16,238
Technical Sentiment Signal: Buy
Current Market Cap: Yen465.9B
For a thorough assessment of 8985 stock, go to TipRanks’ Stock Analysis page.