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ORIX JREIT Inc. ( (JP:8954) ) has provided an update.
ORIX JREIT Inc. has announced a new debt financing initiative totaling 32 billion yen to fund the acquisition of two properties, Hotel Universal Port Vita and MIMARU Osaka Shinsaibashi EAST. This financing includes sustainability-linked loans, which aim to promote sustainable business practices by linking interest rates to the achievement of specific environmental and social targets. The new financing will increase the company’s long-term loans and interest-bearing liabilities, impacting its loan-to-value ratio.
More about ORIX JREIT Inc.
ORIX JREIT Inc. operates in the real estate investment trust (REIT) industry, focusing on acquiring and managing a diversified portfolio of real estate assets. The company is managed by ORIX Asset Management Corporation and is listed on the Tokyo Stock Exchange.
YTD Price Performance: 9.15%
Average Trading Volume: 8,374
Technical Sentiment Signal: Sell
Current Market Cap: Yen483.6B
See more data about 8954 stock on TipRanks’ Stock Analysis page.