KDX Realty Secures Funding for Property Acquisition
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KDX Realty Secures Funding for Property Acquisition

Kenedix Office Investment Corporation (JP:8972) has released an update.

KDX Realty Investment Corporation has announced a new debt financing initiative, securing 2,700 million yen to fund the acquisition of KDX Residence Higashiyukigaya. This financial move, scheduled for late September 2024, will bring the company’s total long-term borrowings to 511,150 million yen. The financing details, including interest rates and repayment terms, have been outlined, with the full amount due by October 2031.

For further insights into JP:8972 stock, check out TipRanks’ Stock Analysis page.

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