Source disclosure: February 24, 2026
MIRARTH Real Estate Investment Corporation [3492.T]
TOKYO — MIRARTH Real Estate Investment Corporation announced on February 24, 2026, that it has secured financing through new borrowings and prepayment of existing loans. The company is headquartered at 2-2-1 Nihonbashi-Hamacho, Chuo Ward, Tokyo, and its executive officer is Mr. Tetsuo Saeda.
The corporation has decided to take out a loan from Sumitomo Mitsui Banking Corporation as the arranger of a syndicated loan group. This borrowing will total ¥13.36 billion, consisting of three separate tranches. The first tranche of ¥3.36 billion carries an interest rate of the base rate plus 0.425%, while the second tranche of ¥7 billion has an interest rate of the base rate plus 0.5%. Both these tranches have variable rates and are due for repayment on February 28, 2030, and February 28, 2029, respectively. A third tranche of ¥3 billion, which will carry a fixed interest rate yet to be determined, is scheduled for repayment on February 28, 2031. These funds are part of a larger syndicate composed of various banks including Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank, Mizuho Bank, SBI Sumishin Netto Bank, Resona Bank, Aozora Bank, Sumitomo Mitsui Trust Bank, Kansai Sumitomo Mitsui Bank, Chiba Bank, Yamagata Bank, Zaitoku Bank, Sanzan Bank, Fukuoka Bank, and Keiyo Bank.
The purpose of this borrowing is to finance the acquisition of seven domestic real estate trust beneficiary rights and associated costs previously disclosed on February 13, 2026. Additionally, some of the borrowed funds will be used to repay an existing loan amounting to ¥4.725 billion, which was taken out earlier this year. The repayment date for this portion is set for March 3, 2026, using a portion of the newly acquired long-term loan.
Following this borrowing, the total debt of MIRARTH Real Estate Investment Corporation will increase by ¥8.635 billion, bringing the total long-term debt to ¥104.58 billion. No changes were reported regarding risks associated with the borrowing, according to the securities report filed on November 26, 2025, and the supplementary information submitted on February 13, 2026. Investors are advised to review the prospectus issued by the investment firm before making any decisions.
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