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SANKEI REAL ESTATE Inc. Sets Interest Rate for Long-term Loan

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SANKEI REAL ESTATE Inc. ( (JP:2972) ) has provided an announcement.

SANKEI REAL ESTATE Inc. has announced the determination of a fixed interest rate of 1.90375% for a long-term loan amounting to 796 million yen, arranged with Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation. This financial move, scheduled for March 12, 2025, is part of a refinancing strategy that aims to enhance the company’s financial stability and operational efficiency, potentially impacting its market positioning and stakeholder interests positively.

More about SANKEI REAL ESTATE Inc.

SANKEI REAL ESTATE Inc. operates in the real estate investment trust (REIT) industry, focusing on managing and investing in real estate properties. The company is involved in asset management through its subsidiary, Sankei Building Asset Management Co., Ltd., and is listed on the Tokyo Stock Exchange.

YTD Price Performance: 13.86%

Average Trading Volume: 2,288

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen39B

Learn more about 2972 stock on TipRanks’ Stock Analysis page.

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