TSE:8951Office REITs
A Look At Nippon Building Fund (TSE:8951) Valuation After Its New Long-Term Loan With Development Bank Of Japan
Nippon Building Fund (TSE:8951) has arranged a long-term, unsecured and unguaranteed JPY 10 billion loan with Development Bank of Japan at an interest rate of 1.369%, maturing in 2034, a financing move investors will watch closely.
See our latest analysis for Nippon Building Fund.
The JPY 10 billion loan comes as Nippon Building Fund’s share price, now at ¥138,700, shows mixed momentum. A 1-day share price return of 1.24% and a 3-year total shareholder return of 40.69% suggest longer term...