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Nippon Accommodations Fund Inc. ( (JP:3226) ) has shared an announcement.
Mitsui Fudosan Accommodations Fund Inc. announced a borrowing of 2.5 billion yen to finance the acquisition of two new properties, Park Cube Kinshicho and Park Cube Ueno Sakuragi. This strategic move is expected to strengthen MAF’s asset portfolio and slightly increase its interest-bearing debt ratio, reflecting the company’s ongoing expansion efforts in the real estate market.
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. operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing accommodation-related properties. The company is involved in the investment and management of residential properties, enhancing its portfolio to cater to urban living demands.
Average Trading Volume: 5,260
Technical Sentiment Signal: Buy
Current Market Cap: Yen330.3B
For a thorough assessment of 3226 stock, go to TipRanks’ Stock Analysis page.