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NTT UD REIT Secures Green Loan for Sustainable Finance

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NTT UD REIT Secures Green Loan for Sustainable Finance

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

NTT UD REIT Investment Corporation announced a decision to secure a 2,000 million yen green loan from Mizuho Bank to refinance an existing loan maturing soon. This move aligns with their commitment to sustainable finance, as evidenced by their high Green 1(F) rating from the Japan Credit Rating Agency for their Green Finance Framework. The loan will be used to repay borrowings for acquiring eligible green assets, reflecting the company’s strategic focus on sustainability without altering its overall debt profile.

More about NTT UD REIT Investment Corporation

NTT UD REIT Investment Corporation operates within the real estate investment trust (REIT) industry, focusing on managing and investing in real estate properties. The company is managed by NTT Urban Development Asset Management Corporation, which specializes in asset management services for real estate investments.

YTD Price Performance: 10.12%

Average Trading Volume: 5,856

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen195.2B

Find detailed analytics on 8956 stock on TipRanks’ Stock Analysis page.

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