Advance Residence Investment Corporation [3269.T]
TOKYO, Apr 22 (Pulse News Wire) – Advance Residence Investment Corporation (3269.T) announced today that it has extended its commitment line agreement to ensure more stable and long-term funding sources. The updated agreement includes borrowing limits up to ¥20.00 billion and extends the borrowing period from May 1, 2015 to April 30, 2029.
Under the revised terms, the investment trust will continue to borrow from Mitsubishi UFJ Bank, Sumitomo Mitsui Trust Bank, and Mizuho Bank without collateral or guarantees. The funds will be used for acquiring real estate assets and repaying existing debts, including trust beneficiary rights and associated costs. The extension does not alter the risks previously disclosed in the securities report filed on October 24, 2025.
Furthermore, the update will not impact the projected operating conditions for the fiscal years ending July 31, 2026 and January 31, 2027, as stated in the preliminary earnings release dated March 17, 2026. Advance Residence Investment, managed by Itochu Real Estate Management Co., Ltd., focuses on residential properties across Japan, particularly in central Tokyo. Leveraging a stable asset base and negative goodwill, the fund aims to deliver consistent returns over the long term.
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