tiprankstipranks
NTT UD REIT Secures 2 Billion Yen Loan for Distribution Funding
Company Announcements

NTT UD REIT Secures 2 Billion Yen Loan for Distribution Funding

Story Highlights

Stay Ahead of the Market:

NTT UD REIT Investment Corporation ( (JP:8956) ) has shared an announcement.

NTT UD REIT Investment Corporation announced a decision to secure a short-term loan of 2,000 million yen from Sumitomo Mitsui Trust Bank. This debt finance will be utilized to fund a portion of the distribution for the fiscal period ending October 31, 2024, reflecting the company’s strategic financial management to maintain its distribution commitments.

More about NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on managing a portfolio of real estate assets. It collaborates with NTT Urban Development Asset Management Corporation, which provides asset management services.

YTD Price Performance: 0.0%

Average Trading Volume: 4,150

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen178.4B

For an in-depth examination of 8956 stock, go to TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles