NIPPON REIT Investment Corporation
Notice Regarding Borrowing of Funds
Japan REIT Investment Corporation has decided to borrow a total of 5,820 million yen, scheduled for execution on March 6, 2026. The loan is unsecured and unguaranteed and will be allocated to acquisition funds for the planned assets.
Key Figures
- Total Planned Borrowing Amount: 5,820 million yen (planned)
- Long-term Borrowings (After Borrowing): 134,450 million yen (+5,820 million yen)
- Total Interest-bearing Debt (After Borrowing): 141,250 million yen (+5,820 million yen)
AI要約
Overview of Borrowing
Japan REIT Investment Corporation has decided to borrow a total of 5,820 million yen through a syndicate loan led by MUFG Bank, Ltd., with Mizuho Bank, Sumitomo Mitsui Banking Corporation, and others participating. The loan is unsecured and unguaranteed, with a floating interest rate consisting of the base rate plus 0.2900% or 0.3300%, scheduled for execution on March 6, 2026, and an unspecified date. Repayment will be made in a lump sum on April 22, 2030, and April 21, 2031.
Use of Funds and Future Outlook
The procured funds will be partially applied to the acquisition of trust beneficiary rights in real estate for Prime Garden Akatsuka, Hotel Resol Akihabara, and THE BASEMENT HOTEL Osaka Honmachi (total planned acquisition price of 14,145 million yen) and related expenses. After borrowing, long-term borrowings will total 134,450 million yen, and total interest-bearing debt will total 141,250 million yen. Investors are advised to refer to separately published materials regarding operational status and revisions to distribution forecasts.
