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Nippon Accommodations Fund Secures 2 Billion Yen Loan

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Nippon Accommodations Fund Secures 2 Billion Yen Loan

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

Nippon Accommodations Fund Inc. announced a borrowing of 2.0 billion yen from Sumitomo Mitsui Trust Bank, Limited, with an interest rate of 0.64864%, to be repaid by August 29, 2025. This borrowing does not alter the company’s total interest-bearing debt, which remains at 169.5 billion yen, indicating stable financial management and no significant change in investment risks.

The most recent analyst rating on (JP:3226) stock is a Buy with a Yen632000.00 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.

Nippon Accommodations Fund Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing residential properties in Japan. It is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd.

Average Trading Volume: 5,765

Technical Sentiment Signal: Hold

Current Market Cap: Yen289B

For an in-depth examination of 3226 stock, go to TipRanks’ Stock Analysis page.

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