Sekisui House Reit Plans Major Borrowing for U.S Real Estate

Sekisui House Reit (JP:3309) has released an update.

Sekisui House Reit, Inc. has announced a new borrowing plan amounting to 14.2 billion yen to fund investments in two U.S-based LLCs, which will manage overseas real estate. The borrowing will increase their total short-term liabilities to 19.36 billion yen, with the funds scheduled for outlay by November 15, 2024.

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