Daiwa House REIT Investment Corporation [8984.T]
TOKYO, Apr 16 (Pulse News Wire) – Daiwa House REIT Investment Corporation (8984.T) announced today that it has decided to secure funds through new borrowings and repay existing debts. The company plans to raise ¥2 billion from Mitsui Sumitomo Marine Fire Insurance Co., Ltd.
And ¥10 billion from Mizuho Trust Bank Co., Ltd., among others, with fixed interest rates ranging from 3.5 to 8 years. Additionally, Daiwa House REIT will repay ¥14.00 billion in long-term loans due on April 30, 2026. The new borrowings aim to finance the repayment of maturing long-term debt totaling ¥14.00 billion.
The borrowed funds will also help manage the company's overall leverage, which currently stands at ¥369.55 billion post-execution. As part of its strategy, Daiwa House REIT continues to maintain a diversified funding approach, ensuring liquidity and stability in its financial structure. In related risks, the company stated there have been no changes since the filing of its securities report on November 25, 2025.
🟢 Confidence: High AI-translated content.