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KDX Realty Raises ¥16.5bn in New Debt to Finance iias Takao Acquisition

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KDX Realty Raises ¥16.5bn in New Debt to Finance iias Takao Acquisition

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Kenedix Office Investment Corporation ( (JP:8972) ) has issued an update.

KDX Realty Investment Corporation has arranged a new unsecured, unguaranteed debt financing package totaling ¥16.5 billion across multiple tranches with Mizuho Bank, The Chiba Bank and The Norinchukin Bank, combining short- and long-term loans with both floating and fixed interest structures. The proceeds will be used to partially fund the acquisition of the retail facility iias Takao on 16 January 2026, increasing KDXR’s long-term borrowings from ¥524.93 billion to ¥541.43 billion and lifting total interest-bearing debt to ¥581.93 billion, a move that modestly leverages its balance sheet to support portfolio growth while leaving its stated risk profile unchanged under previously disclosed investment risk factors.

The most recent analyst rating on (JP:8972) stock is a Buy with a Yen201592.00 price target. To see the full list of analyst forecasts on Kenedix Office Investment Corporation stock, see the JP:8972 Stock Forecast page.

More about Kenedix Office Investment Corporation

KDX Realty Investment Corporation is a Japanese listed real estate investment trust (REIT) focused on income-producing properties, managed by Kenedix Real Estate Fund Management, Inc. The REIT primarily invests in office and related commercial assets in Japan, leveraging debt financing and capital markets to expand and optimize its portfolio for stable, long-term returns to unitholders.

Average Trading Volume: 8,058

Technical Sentiment Signal: Buy

Current Market Cap: Yen723.3B

Learn more about 8972 stock on TipRanks’ Stock Analysis page.

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