Mitsui Fudosan Accommodations Fund Refinances Debt with 5 Billion Yen Including Green Loan

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

Mitsui Fudosan Accommodations Fund Inc. has arranged two new borrowings totaling 5 billion yen, including a 2 billion yen unsecured bullet loan from The Bank of Fukuoka and a 3 billion yen green loan from MUFG Bank, both tied to JBA three‑month yen TIBOR. The Fukuoka facility refinances an existing 2 billion yen loan maturing April 30, 2026, while the MUFG green loan extends funding tenor to March 31, 2036.

All proceeds will be used to refinance debt originally incurred to acquire Park Cube Atagoyama Tower, which qualifies as a green asset under the REIT’s green finance framework. Following the transaction, total interest‑bearing debt will rise by 3 billion yen to 173.7 billion yen and the interest‑bearing debt ratio will edge up to 54.4%, with management stating 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 focused on residential and accommodation assets. It is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., and finances its portfolio mainly through bank loans and investment corporation bonds in Japan’s real estate capital markets.

Average Trading Volume: 5,800

Technical Sentiment Signal: Buy

Current Market Cap: Yen332.3B

See more data about 3226 stock on TipRanks’ Stock Analysis page.