TSE:8951Office REITs
A Look At Nippon Building Fund (TSE:8951) Valuation After New JPY 5b Long Term Loan Agreement
Nippon Building Fund (TSE:8951) has agreed a long-term, unsecured and unguaranteed JPY 5 billion loan with Development Bank of Japan at a 1.354% interest rate, running through to June 2034.
See our latest analysis for Nippon Building Fund.
The new JPY 5 billion facility comes after a period where the share price has eased, with a 30 day share price return of 5.43% and a year to date decline of 14.35%. The 3 year total shareholder return of 21.79% suggests more resilient longer term...