Nippon Prologis REIT, Inc. ( (JP:3283) ) has provided an update.
Nippon Prologis REIT announced a prepayment of 4,000 million yen on its short-term bank loans, using funds from new borrowings to be obtained on the prepayment date. This financial maneuver does not alter the total interest-bearing debt, maintaining the company’s strategic financial positioning without impacting investment risks.
More about Nippon Prologis REIT, Inc.
Nippon Prologis REIT, Inc. operates as a real estate investment trust (REIT) focusing on logistics facilities in Japan. The company is involved in the acquisition, leasing, and management of logistics properties, catering primarily to the logistics and supply chain sectors.
YTD Price Performance: 11.17%
Average Trading Volume: 7,374
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen703.5B
See more data about 3283 stock on TipRanks’ Stock Analysis page.