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GLP J-REIT Secures Interest Rate Swap for Green Loan

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GLP J-REIT Secures Interest Rate Swap for Green Loan

GLP J-REIT ( (JP:3281) ) has issued an update.

GLP J-REIT has announced the determination of interest rates and the signing of an interest rate swap agreement for its recent borrowings, including a green loan from Aichi Bank, Ltd. This strategic financial move is aimed at stabilizing interest expenses and aligning with sustainable investment practices, potentially enhancing the trust’s financial stability and appeal to environmentally-conscious investors.

More about GLP J-REIT

GLP J-REIT is a real estate investment trust focused on logistics and industrial properties in Japan. It operates under the management of GLP Japan Advisors Inc., providing investment opportunities through various financial instruments, including sustainability and green loans.

YTD Price Performance: -0.65%

Average Trading Volume: 10,901

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen603.8B

Learn more about 3281 stock on TipRanks’ Stock Analysis page.

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