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Comforia Residential REIT Secures Interest Rate Stability with Swap Agreement

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Comforia Residential REIT Secures Interest Rate Stability with Swap Agreement

Comforia Residential REIT, Inc. ( (JP:3282) ) has shared an announcement.

Comforia Residential REIT, Inc. has executed an interest rate swap agreement to stabilize the interest rate on a long-term loan of 6,875 million yen over eight years. This strategic move aims to hedge against interest rate fluctuations, ensuring financial stability and predictability in the company’s debt management.

More about Comforia Residential REIT, Inc.

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

YTD Price Performance: -0.78%

Average Trading Volume: 2,245

Technical Sentiment Signal: Buy

Current Market Cap: Yen210.7B

See more data about 3282 stock on TipRanks’ Stock Analysis page.

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