NIPPON REIT Investment Corp (JP:3296) has released an update.
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NIPPON REIT Investment Corporation has announced an early repayment of a 1,500 million yen loan, leveraging proceeds from the sale of trust beneficiary interest in a building. This strategic financial move is set to reduce the company’s total interest-bearing liabilities to 132,620 million yen, while not affecting its forecasted management status for the fiscal periods ending December 2024 and June 2025.
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