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Mitsui Fudosan Logistics Park, Inc. ( (JP:3471) ) has issued an update.
Mitsui Fudosan Logistics Park Inc. has arranged a short-term borrowing of ¥2 billion from The Bank of Fukuoka, Ltd., with a one-month TIBOR-based interest rate plus a 0.05% margin, to be drawn on March 2, 2026 and repaid in full on April 2, 2026. The proceeds will be used to refinance an existing ¥2 billion loan from the same bank maturing on March 2, 2026, resulting in no change to the REIT’s total interest-bearing debt, and the company reports no material change in its risk profile related to this transaction.
More about Mitsui Fudosan Logistics Park, Inc.
Mitsui Fudosan Logistics Park Inc. is a Japanese real estate investment trust focused on logistics facilities, investing primarily in income-generating warehouses and distribution centers. The REIT, managed by Mitsui Fudosan Logistics REIT Management Co., Ltd., targets stable cash flows from a diversified portfolio of logistics assets in Japan’s industrial and distribution markets.
Average Trading Volume: 10,183
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen383.5B
For a thorough assessment of 3471 stock, go to TipRanks’ Stock Analysis page.