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NIPPON REIT Secures Interest Rate Stability with New Swap Agreement

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NIPPON REIT Secures Interest Rate Stability with New Swap Agreement

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The latest update is out from NIPPON REIT Investment Corp ( (JP:3296) ).

NIPPON REIT Investment Corporation has entered into an interest rate swap agreement with Mizuho Bank to stabilize the interest rate on its borrowings, mitigating the risk of interest rate fluctuations. The agreement is expected to have minimal impact on the company’s financial forecasts for the upcoming fiscal periods, indicating stable financial management and risk mitigation strategies.

The most recent analyst rating on (JP:3296) stock is a Hold with a Yen109000.00 price target. To see the full list of analyst forecasts on NIPPON REIT Investment Corp stock, see the JP:3296 Stock Forecast page.

More about NIPPON REIT Investment Corp

NIPPON REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on managing and investing in real estate properties. The company is managed by SBI REIT Advisors Co., Ltd., and is based in Tokyo, Japan.

Average Trading Volume: 4,615

Technical Sentiment Signal: Buy

Current Market Cap: Yen172.9B

Learn more about 3296 stock on TipRanks’ Stock Analysis page.

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