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The latest announcement is out from Nippon Accommodations Fund Inc. ( (JP:3226) ).
Mitsui Fudosan Accommodations Fund Inc. announced a borrowing of 2.0 billion yen from Sumitomo Mitsui Trust Bank, Limited, with the funds intended for the repayment of an existing loan. This financial maneuver maintains the company’s interest-bearing debt ratio at 53.6%, indicating stable financial management and no significant change in its investment risk profile.
The most recent analyst rating on (JP:3226) stock is a Sell with a Yen109000.00 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. operates as a real estate investment trust (REIT) focused on the accommodation sector. It is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., and primarily invests in accommodation facilities, leveraging its expertise to enhance value and returns for its stakeholders.
Average Trading Volume: 5,968
Technical Sentiment Signal: Buy
Current Market Cap: Yen331.8B
For an in-depth examination of 3226 stock, go to TipRanks’ Overview page.