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Japan Real Estate Investment Corporation Announces Debt Refinancing

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Japan Real Estate Investment Corporation Announces Debt Refinancing

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Japan Real Estate Investment ( (JP:8952) ) has issued an announcement.

Japan Real Estate Investment Corporation announced a debt financing move to repay an existing long-term loan of JPY 3 billion, originally executed in 2018, with a new loan from Sumitomo Mitsui Trust Bank. This refinancing decision maintains the company’s total interest-bearing debt at JPY 471,193 million, indicating a stable financial strategy without altering its overall debt levels, thus having minimal impact on its financial risk profile.

The most recent analyst rating on (JP:8952) stock is a Hold with a Yen117000.00 price target. To see the full list of analyst forecasts on Japan Real Estate Investment stock, see the JP:8952 Stock Forecast page.

More about Japan Real Estate Investment

Japan Real Estate Investment Corporation operates in the real estate investment industry, primarily focusing on managing and acquiring real estate assets. The company is involved in asset management through its subsidiary, Japan Real Estate Asset Management Co., Ltd., and is listed on the Tokyo Stock Exchange under the code 8952.

Average Trading Volume: 16,809

Technical Sentiment Signal: Buy

Current Market Cap: Yen920.6B

For an in-depth examination of 8952 stock, go to TipRanks’ Overview page.

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