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The latest update is out from Japan Real Estate Investment ( (JP:8952) ).
Japan Real Estate Investment Corporation announced a new debt financing arrangement to repay an existing long-term loan of JPY 7 billion. This refinancing, secured through the Development Bank of Japan Inc., involves a variable interest rate tied to the JPY TIBOR, with a lump-sum repayment scheduled for 2031. The transaction maintains the company’s total interest-bearing debt at JPY 471,193 million, indicating a strategic move to manage its financial obligations without altering its overall debt level.
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, 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: 16,782
Technical Sentiment Signal: Buy
Current Market Cap: Yen920.6B
For an in-depth examination of 8952 stock, go to TipRanks’ Overview page.