Source disclosure: February 25, 2026, 16:00 JST
Fukuoka REIT Corporation [8968.T]
TOKYO, Feb 25 (Pulse News Wire) -- Fukuoka REIT Investment Corporation (8968.T), led by Executive Director Kohara Senou, announced today that it has extended the commitment line agreement period originally set on February 20, 2020. The company also disclosed that the interest rates have been determined for the funds borrowed as previously announced on February 17, 2026.
The commitment line agreement involves five banks: West Japan City Bank Co., Ltd., Resona Bank Co., Ltd., Oita Bank Co., Ltd., Nagasaki Bank Co., Ltd., and Saga Bank Co., Ltd. Initially established on March 2, 2020, with an initial term ending on February 29, 2028, the agreement was extended until February 28, 2029. This extension ensures continued flexible and stable funding sources for the investment corporation. The total committed amount remains unchanged at ¥70 billion, with each bank's participation ratio detailed accordingly.
Regarding the borrowing of funds, Fukuoka REIT Investment Corporation secured two loans totaling ¥4 billion. One loan of ¥2 billion from Oita Bank Co., Ltd. carries an annual interest rate of 1.935%, repayable on February 28, 2033. Another long-term loan of ¥2 billion from Kirishima Bank Co., Ltd. (also known as Higo Bank) is due on February 27, 2026, with an annual interest rate of 1.78% and repayment scheduled for February 28, 2031. Additionally, another loan of ¥2 billion from Kagoshima Bank Co., Ltd. comes with the same terms as the loan from Kirishima Bank Co., Ltd.
Kohara Senou, who serves as both the executive director of Fukuoka REIT Investment Corporation and the president of Fukuoka Realty Co., Ltd., stated that these measures will support the company’s operational and equipment funding needs without altering the risk profile outlined in its latest quarterly report filed on November 27, 2025. For further information, investors can visit the company's website at https://www.fukuoka-reit.jp.
AI-translated content. 🟡 Confidence: Standard See terms • Original filing