ORIX Jreit Secures 5 Billion Loan Amid Real Estate Acquisitions

TOKYO, Apr 24 (Pulse News Wire) – ORIX JREIT Inc. (8954.T) announced today that it has secured a ¥5 billion loan from Mizuho Trust Bank and UFJ Bank to finance the acquisition of Bay Side Park Osaka South Residences and North Residences.

The loans, which carry variable interest rates based on TIBOR plus additional margins, will mature on March 23, 2027, with principal repayment due on that date. The funds will be used exclusively for the purchase of the aforementioned properties. Details of the acquisitions were previously disclosed on March 31, 2026.

Following the execution of this transaction, the company's total borrowings increased to ¥358.7 billion, up from ¥353.7 billion prior to the loan. The Loan-to-Value ratio (based on total assets) also rose slightly from 53.2% to 53.3%. In addition, the company stated that there would be no changes to the risk factors related to borrowing and investment trust bonds outlined in its latest securities report for the fiscal year ending August 2025.