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Mitsubishi Estate Logistics REIT Announces Debt Refinancing Plan

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Mitsubishi Estate Logistics REIT Announces Debt Refinancing Plan

Mitsubishi Estate Logistics REIT Investment Corp. ( (JP:3481) ) has issued an announcement.

Mitsubishi Estate Logistics REIT Investment Corporation announced a debt financing initiative involving a new borrowing of 2,100 million yen to prepay an existing bank loan. This financial maneuver is not expected to materially impact the company’s financial forecasts for the upcoming fiscal periods, maintaining stability in its operations and debt structure.

More about Mitsubishi Estate Logistics REIT Investment Corp.

Mitsubishi Estate Logistics REIT Investment Corporation operates within the real estate investment trust (REIT) sector, focusing on logistics properties. It is managed by Mitsubishi Jisho Investment Advisors, Inc., and is involved in acquiring, managing, and leasing logistics facilities primarily in Japan.

YTD Price Performance: 2.13%

Average Trading Volume: 4,089

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen173.4B

For detailed information about 3481 stock, go to TipRanks’ Stock Analysis page.

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