An update from Mitsubishi Estate Logistics REIT Investment Corp. ( (JP:3481) ) is now available.
Mitsubishi Estate Logistics REIT Investment Corporation has announced a new debt financing agreement in the form of a Sustainability-Linked Loan with Sumitomo Mitsui Banking Corporation. The loan, amounting to 1,350 million yen with a fixed interest rate of 1.6425%, will be used to refinance an existing loan due on March 10, 2025. This move aligns with the company’s sustainability goals, as the loan is part of their Sustainability Linked Financing Framework, which includes specific performance targets and incentives.
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 it aims to provide stable income through investments in logistics facilities, primarily in Japan.
YTD Price Performance: 1.33%
Average Trading Volume: 4,263
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen172B
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