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Mitsubishi Estate Logistics REIT Investment Corp. ( (JP:3481) ) has provided an announcement.
Mitsubishi Estate Logistics REIT Investment Corporation has announced a new debt financing initiative involving green loans totaling 3,700 million yen, which will be used to prepay existing bank loans. This move aligns with MEL’s commitment to sustainable finance and does not materially impact its financial forecasts, indicating stability in its operational strategy.
The most recent analyst rating on (JP:3481) stock is a Buy with a Yen129140.00 price target. To see the full list of analyst forecasts on Mitsubishi Estate Logistics REIT Investment Corp. stock, see the JP:3481 Stock Forecast page.
More about Mitsubishi Estate Logistics REIT Investment Corp.
Mitsubishi Estate Logistics REIT Investment Corporation (MEL) operates in the real estate investment trust (REIT) sector, focusing on logistics facilities. It is managed by Mitsubishi Jisho Investment Advisors, Inc., and aims to provide stable income through investments in logistics properties, with a focus on sustainability through initiatives like green loans.
Average Trading Volume: 4,027
Technical Sentiment Signal: Buy
Current Market Cap: Yen181.8B
Learn more about 3481 stock on TipRanks’ Stock Analysis page.