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Japan Logistics Fund, Inc. ( (JP:8967) ) just unveiled an announcement.
Japan Logistics Fund, Inc. announced the finalized debt cost for a loan from Sumitomo Mitsui Banking Corporation, amounting to 1,000 million yen with an interest rate of 1.68740% over a term of 4.9 years. This financial move is part of JLF’s strategy to optimize its capital structure, potentially enhancing its market position and operational efficiency in the logistics real estate sector.
More about Japan Logistics Fund, Inc.
Japan Logistics Fund, Inc. (JLF) is a Real Estate Investment Trust focused on logistics properties. It operates under the asset management of Mitsui & Co., Logistics Partners Ltd., targeting investments in logistics facilities to capitalize on the growing demand for efficient supply chain solutions.
YTD Price Performance: 11.50%
Average Trading Volume: 7
Technical Sentiment Signal: Sell
Current Market Cap: €1.61B
For a thorough assessment of 8967 stock, go to TipRanks’ Stock Analysis page.