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Mitsubishi Estate Logistics REIT Engages in Green Loan Financing and Debt Prepayment

Story Highlights
  • Mitsubishi Estate Logistics REIT focuses on logistics properties in the real estate sector.
  • The company announced debt financing and a green loan with no material impact expected.
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Mitsubishi Estate Logistics REIT Engages in Green Loan Financing and Debt Prepayment

Mitsubishi Estate Logistics REIT Investment Corp. ( (JP:3481) ) just unveiled an announcement.

Mitsubishi Estate Logistics REIT Investment Corporation announced its decision to engage in debt financing, including a green loan, and prepay an existing bank loan. The move involves securing long-term borrowings from multiple banks, with a portion allocated as a green loan to support environmentally sustainable projects. This financial maneuver is not expected to materially impact the company’s forecasts or pose additional risks to investors.

More about Mitsubishi Estate Logistics REIT Investment Corp.

Mitsubishi Estate Logistics REIT Investment Corporation operates in the real estate investment trust (REIT) sector, focusing on logistics properties. The company is involved in acquiring, managing, and leasing logistics facilities, aiming to provide stable income and growth opportunities for its investors.

YTD Price Performance: 4.00%

Average Trading Volume: 3,980

Technical Sentiment Signal: Sell

Current Market Cap: Yen176.6B

Learn more about 3481 stock on TipRanks’ Stock Analysis page.

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