Global One Real Estate Investment Corporation ( (JP:8958) ) has shared an announcement.
Global One Real Estate Investment Corp. has announced the obtainment of debt financing to repay long-term loans due on March 31, 2025. This strategic financial move involves securing loans from multiple banks and financial institutions, totaling 6,500 million yen, with varying maturity dates extending up to 2030. The refinancing effort is designed to manage GOR’s interest-bearing debt, reducing it by 1,000 million yen, thereby maintaining its investment risk profile and supporting its operational stability.
More about Global One Real Estate Investment Corporation
Global One Real Estate Investment Corporation (GOR) is a Japanese Real Estate Investment Trust (J-REIT) listed on the Tokyo Stock Exchange. The company focuses on maximizing returns for unitholders by carefully selecting prime properties in strategic locations, emphasizing strong market competitiveness. GOR prioritizes properties that are conveniently situated, newly or recently built, and large office buildings.
YTD Price Performance: 18.38%
Average Trading Volume: 3,891
Technical Sentiment Signal: Sell
Current Market Cap: Yen117.6B
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