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Mitsui Fudosan Accommodations Fund Borrows ¥4 Billion to Finance New Property Acquisition

Story Highlights
  • Mitsui Fudosan Accommodations Fund arranged ¥4 billion in new long-term loans from Japanese banks.
  • The borrowing funds Campus terrace Kyudai-Gakkentoshi acquisition and modestly increases the REIT’s leverage ratio.
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Mitsui Fudosan Accommodations Fund Borrows ¥4 Billion to Finance New Property Acquisition

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Nippon Accommodations Fund Inc. ( (JP:3226) ) has provided an announcement.

Mitsui Fudosan Accommodations Fund Inc. has arranged a total of ¥4 billion in new long-term bank loans from several domestic lenders, with maturities stretching from 2031 to 2036 and a mix of fixed and TIBOR-linked interest rates. The borrowings will finance the acquisition and associated costs of the Campus terrace Kyudai-Gakkentoshi property scheduled for handover on March 2, 2026, lifting the REIT’s total interest-bearing debt to ¥173.7 billion and slightly increasing its leverage ratio, while the company says there is no material change to its loan repayment risk profile.

The most recent analyst rating on (JP:3226) stock is a Sell with a Yen125000.00 price target. To see the full list of analyst forecasts on Nippon Accommodations Fund Inc. stock, see the JP:3226 Stock Forecast page.

More about Nippon Accommodations Fund Inc.

Mitsui Fudosan Accommodations Fund Inc. is a Japanese real estate investment trust specializing in accommodation-related properties. Managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., it focuses on stable, income-producing real estate assets in Japan, targeting long-term returns for its unitholders.

Average Trading Volume: 4,922

Technical Sentiment Signal: Buy

Current Market Cap: Yen356.5B

Find detailed analytics on 3226 stock on TipRanks’ Stock Analysis page.

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