TOKYO, Mar 24 (Pulse News Wire) – CRE Logistics REIT, Inc. (3487.T) has secured a green loan to refinance existing debt totaling ¥3.7 billion due on March 24, 2026.
The new financing, which includes loans from various banks such as Sumitomo Mitsui Banking Corporation, Mizuho Bank, and Resona Bank, among others, will be used to repay maturing borrowings and support sustainable asset acquisitions. The total amount borrowed under the new agreement is ¥3.7 billion, with interest rates based on the three-month Japanese yen TIBOR rate published by the Japan Bankers Association. Scheduled repayment dates range from January 31, 2026, to December 31, 2031, depending on individual agreements.
The funds will also serve as part of the repayment plan for previously raised capital used to acquire logistics assets Logisquare Hakoi and Roji Square Hirakata. This refinancing operation aligns with the company’s green finance framework aimed at promoting environmentally friendly investments. Detailed information on the green finance initiative can be found on the company's website.
Following the execution of the new loan, the company’s total liabilities remain unchanged at ¥72.519 billion, with no alteration expected in the projected operating conditions for the fiscal years ending June 2026 and December 2026.
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