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Comforia Residential REIT Executes Interest Rate Swap to Mitigate Loan Risk
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Comforia Residential REIT Executes Interest Rate Swap to Mitigate Loan Risk

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Invest with Confidence:

The latest announcement is out from Comforia Residential REIT, Inc. ( (JP:3282) ).

Comforia Residential REIT, Inc announced the execution of an interest rate swap agreement to manage interest rate risk on a long-term loan amounting to 7,210 million yen. This strategic move aims to stabilize the interest rate at a fixed rate of 1.42210%, thereby safeguarding against interest rate fluctuations over the loan’s 8-year term.

More about Comforia Residential REIT, Inc.

Comforia Residential REIT, Inc operates within the real estate investment trust (REIT) sector, focusing on residential properties. It is managed by TLC REIT Management Inc., and its securities are listed on the Tokyo Stock Exchange under the code 3282.

YTD Price Performance: -1.01%

Average Trading Volume: 2,038

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen214.7B

Find detailed analytics on 3282 stock on TipRanks’ Stock Analysis page.

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