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The latest update is out from Nippon Building ( (JP:8951) ).
Nippon Building Fund Inc. announced a long-term borrowing of ¥7 billion from Mizuho Bank, Ltd. at an interest rate of 0.863%, with the funds intended for refinancing a maturing loan. This move is part of NBF’s strategy to maintain financial stability and ensure the seamless continuation of its investment activities, with no changes expected in its overall borrowing status or investment risk profile.
The most recent analyst rating on (JP:8951) stock is a Buy with a Yen153828.00 price target. To see the full list of analyst forecasts on Nippon Building stock, see the JP:8951 Stock Forecast page.
More about Nippon Building
Nippon Building Fund Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in a diversified portfolio of office buildings and commercial properties in Japan. The company is known for its strategic asset management and aims to provide stable income and growth opportunities for its investors.
Average Trading Volume: 19,580
Technical Sentiment Signal: Buy
Current Market Cap: Yen1287.1B
For an in-depth examination of 8951 stock, go to TipRanks’ Overview page.