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Japan Hotel Reit Investment ( (JP:8985) ) has provided an update.
Japan Hotel REIT Investment Corporation announced plans to refinance existing loans with new loans, including green loans, totaling JPY 22,000 million. This refinancing effort is part of JHR’s strategy to manage its debt efficiently and support the acquisition of environmentally sustainable hotel properties, aligning with its Green Finance Framework.
The most recent analyst rating on (JP:8985) stock is a Buy with a Yen90000.00 price target. To see the full list of analyst forecasts on Japan Hotel Reit Investment stock, see the JP:8985 Stock Forecast page.
More about Japan Hotel Reit Investment
Japan Hotel REIT Investment Corporation operates in the real estate investment trust (REIT) industry, primarily focusing on hotel properties. It is managed by Japan Hotel REIT Advisors Co., Ltd., and is listed on the Tokyo Stock Exchange. The company is involved in acquiring and managing hotel assets, aiming to generate stable income and growth for its investors.
YTD Price Performance: 24.08%
Average Trading Volume: 16,236
Technical Sentiment Signal: Buy
Current Market Cap: Yen446.5B
For detailed information about 8985 stock, go to TipRanks’ Stock Analysis page.