Global One Real Estate Investment Corporation (JP:8958) has released an update.
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Global One Real Estate Investment Corp. (GOR) has announced the repayment of 2,300 million yen in long-term loans, which were contracted on April 28, 2023, and are due by September 30, 2024. The repayment was facilitated by the gains from recent real estate property sales, improving the company’s debt profile by reducing its total interest-bearing debt from 98,200 million yen to 95,900 million yen. This financial move supports GOR’s strategy of maintaining a robust and competitive property portfolio.
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