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NIPPON REIT Secures Interest Rate Stability with New Swap Agreement

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NIPPON REIT Secures Interest Rate Stability with New Swap Agreement

An announcement from NIPPON REIT Investment Corp ( (JP:3296) ) is now available.

NIPPON REIT Investment Corporation has concluded an interest rate swap agreement to stabilize interest rates on its borrowings, mitigating risks associated with interest rate fluctuations. The agreement is expected to have minimal impact on the company’s financial outlook for 2025, ensuring stability for stakeholders.

More about NIPPON REIT Investment Corp

NIPPON REIT Investment Corporation operates within the real estate investment trust (REIT) industry, focusing on managing and investing in real estate properties. The company is managed by SBI REIT Advisors Co., Ltd., and it primarily deals with real estate investment securities in Japan.

YTD Price Performance: 9.86%

Average Trading Volume: 4,986

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen147.1B

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