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Nippon Accommodations Fund Inc. ( (JP:3226) ) has provided an announcement.
Nippon Accommodations Fund Inc. has announced a borrowing of 1.0 billion yen from Kansai Mirai Bank to repay a previous loan from TAIYO LIFE INSURANCE COMPANY. This borrowing slightly increases the company’s total interest-bearing debt, reflecting a strategic financial adjustment with minimal impact on its overall risk profile.
More about Nippon Accommodations Fund Inc.
Nippon Accommodations Fund Inc. operates as a real estate investment trust (REIT), primarily focusing on investments in accommodation assets. The company is managed by Mitsui Fudosan Accommodations Fund Management Co., Ltd., a leader in the real estate industry.
YTD Price Performance: 0%
Average Trading Volume: 1,166
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen295.5B
Learn more about 3226 stock on TipRanks’ Stock Analysis page.