Advance Residence Investment (JP:3269) has released an update.
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Advance Residence Investment Corporation, a leading J-REIT specializing in residential properties, has set the interest rate for a 4,500 million yen long-term loan at 1.01041%. The loan, which includes green loans from various lenders such as MUFG Bank, Ltd. and The Chiba Bank, Ltd., has a weighted average repayment period of 6.3 years. This strategic financial move aligns with ADR’s position as a stable dividend provider with a significant presence in central Tokyo and major Japanese cities.
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