HEIWA REAL ESTATE REIT, Inc. [8966.T]
TOKYO, May 21 (Pulse News Wire) – Heiwa Real Estate Reit,inc. (8966.T) announced plans to borrow and repay loans totaling ¥585 million and ¥877 million respectively, effective June 30, 2026.
The funds will be used to refinance existing debts and partially finance the acquisition of two domestic assets—HF Upper Narihira Building and HF Kita-Nishinomaru Building—as detailed in its May 18 announcement. Additionally, the company will repay several term loans amounting to ¥3.700 billion and ¥2.262 billion.
These transactions will reduce its total interest-bearing liabilities by 5,972 million yen, bringing the overall debt down to 137,790 million yen post-execution. Regarding risks associated with borrowing, there have been no changes since the filing of securities reports on May 18 and February 25, 2026.
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