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Mitsubishi Estate Logistics REIT Investment Corp. ( (JP:3481) ) just unveiled an update.
Mitsubishi Estate Logistics REIT Investment Corporation has announced a debt financing arrangement to secure 1,200 million yen from MUFG Bank, Ltd. This borrowing will be used to finance the acquisition of MJ Industrial Park Kobe-Nishi. The move is expected to enhance the company’s logistics property portfolio, potentially strengthening its market position in the logistics real estate sector.
More about Mitsubishi Estate Logistics REIT Investment Corp.
Mitsubishi Estate Logistics REIT Investment Corporation operates in the real estate investment trust (REIT) sector, focusing on logistics properties. The company is managed by Mitsubishi Jisho Investment Advisors, Inc., and is based in Tokyo, Japan.
Average Trading Volume: 3,920
Technical Sentiment Signal: Buy
Current Market Cap: Yen178.4B
For detailed information about 3481 stock, go to TipRanks’ Stock Analysis page.