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One REIT Secures 4 Billion Yen Loan for Kyoto Property Acquisition

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One REIT Secures 4 Billion Yen Loan for Kyoto Property Acquisition

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An update from One REIT. Inc. ( (JP:3290) ) is now available.

One REIT, Inc. has announced a borrowing of 4,000 million yen from Mizuho Bank, Ltd. to fund the acquisition of real estate trust beneficiary rights in Kyoto. This move is part of their strategy to expand their property portfolio, potentially enhancing their market position and offering better returns to stakeholders.

More about One REIT. Inc.

One REIT, Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing real estate assets in Japan. The company is managed by Mizuho REIT Management Co., Ltd., and it aims to provide investors with stable income through strategic property acquisitions and management.

Average Trading Volume: 1,690

Technical Sentiment Signal: Buy

Current Market Cap: Yen71.84B

See more insights into 3290 stock on TipRanks’ Stock Analysis page.

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