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Kenedix Office Investment Corporation ( (JP:8972) ) has shared an update.
KDX Realty Investment Corporation announced a strategic financial move by prepaying certain borrowings using funds from recently issued green bonds and cash on hand. This prepayment reduces the company’s long-term borrowings by 2,500 million yen, potentially improving its financial stability and offering a positive signal to stakeholders about its commitment to sustainable financial practices.
More about Kenedix Office Investment Corporation
Kenedix Office Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on managing and investing in office properties. The company is managed by Kenedix Real Estate Fund Management, Inc., which specializes in real estate fund management.
YTD Price Performance: 1.69%
Technical Sentiment Signal: Buy
Current Market Cap: €3.81B
Find detailed analytics on 8972 stock on TipRanks’ Stock Analysis page.
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