To hedge future interest rate fluctuation risk, fixed-rate interest rate swap agreements were entered into for four term loans. Effective date 2026\/11\/30, maturities 2032\/11\/30 etc. Fixed pay rates range from 2.648% to 2.545%, resulting in effective fixed rates of approximately 3.208% to 3.015%.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8966","jir_company_name":"Heiwa Real Estate REIT, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/8966-20261027-04.pdf","jir_short_summary":"To hedge future interest rate fluctuation risk, fixed-rate interest rate swap agreements were entered into for four term loans. Effective date 2026\/11\/30, maturities 2032\/11\/30 etc. Fixed pay rates range from 2.648% to 2.545%, resulting in effective fixed rates of approximately 3.208% to 3.015%.","jir_summary":"### Overview\nThe investment corporation has entered into interest rate swap agreements to fix the interest on the relevant term loans, thereby reducing future interest rate volatility risk. The related loans are 84 Tranche E, 87 Tranche B, 87 Tranche C, and 88-\u2460 Tranche B; the effective date for each is November 30, 2026, and maturity dates are set separately by loan. The fixed rates are 2.648%, 2.377%, 2.545%, and 2.545% respectively, and the resulting effective fixed rates are 3.208%, 2.757%, 3.015%, and 3.015%.\n\n### Future Impact and Risks\nThe review of risks related to these agreements continues to follow the investment risks described in the securities report submitted on August 28, 2026. While the interest rate hedge aims to suppress future volatility risk, other market risks will be disclosed separately.","jir_financial_highlights":"Fixed Pay Rate (Term Loan 84 Tranche E): 2.648% (Effective fixed rate 3.208%)\nFixed Pay Rate (Term Loan 87 Tranche B): 2.377% (Effective fixed rate 2.757%)\nFixed Pay Rate (Term Loan 87 Tranche C): 2.545% (Effective fixed rate 3.015%)\nFixed Pay Rate (Term Loan 88-\u2460 Tranche B): 2.545% (Effective fixed rate 3.015%)","jir_category":"","jir_hashtags":"#HeiwaRealEstateREITIncIR, #InterestRateSwap, #Hedge","jir_key_figures":"Start Date: 2026-11-30\nEnd Date: 2032-11-30 \/ 2030-05-31 \/ 2031-11-28 (by tranche)\nTotal Notional Amount Assumed: Amounts for each tranche are Unknown","jir_meta_title":"Heiwa Real Estate REIT, Inc. \u2013 Notice of Conclusion of Interest Rate Swap Agreements | October 2026","jir_meta_description":"Heiwa Real Estate REIT, Inc. has entered into interest rate swap agreements for four term loans. Effective date 2026\/11\/30, maturities set per loan. Effective fixed rates are around 3%, implementing hedges against interest rate fluctuation risk.","jir_og_title":"Heiwa Real Estate REIT, Inc. \u2013 Notice of Conclusion of Interest Rate Swap Agreements","jir_og_description":"The investment corporation has entered into interest rate swap agreements to fix interest on key loans and mitigate interest rate fluctuation risk.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8996,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-135021","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n