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An update from Mori Hills Reit Investment Corporation ( (JP:3234) ) is now available.
Mori Hills REIT Investment Corporation announced new borrowings totaling 8,200 million yen to enhance cash reserves and refinance existing long-term loans. The borrowings include green loans, which will be used to refinance loans associated with the acquisition of the Roppongi Hills Mori Tower, aligning with the company’s sustainability framework. This move is expected to strengthen MHR’s financial position and support its ongoing investment strategies.
More about Mori Hills Reit Investment Corporation
Mori Hills REIT Investment Corporation operates in the real estate investment industry, focusing on managing and investing in real estate properties. The company primarily deals with real estate investment trusts (REITs) and is involved in acquiring and managing properties to generate income for investors.
YTD Price Performance: 9.52%
Average Trading Volume: 4,291
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen253.7B
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