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Industrial & Infrastructure Fund Investment Corporation ( (JP:3249) ) has shared an announcement.
IIF has announced the determination of an interest rate for new debt financing, with a fixed rate of 1.299% for a 7-year borrowing period from MUFG Bank. This refinancing move reflects IIF’s strategic financial management, ensuring the continued operation and growth of its industrial and infrastructure asset portfolio, thereby reinforcing its position in the market.
More about Industrial & Infrastructure Fund Investment Corporation
Industrial & Infrastructure Fund Investment Corporation (IIF) is a pioneering J-REIT in Japan focused on acquiring and managing industrial and infrastructure properties crucial to the Japanese economy. The company anticipates stable demand in the mid to long term for these assets and invests in a variety of properties, including manufacturing and R&D facilities.
YTD Price Performance: 2.16%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.82B
Learn more about 3249 stock on TipRanks’ Stock Analysis page.