Source disclosure: February 27, 2026, 15:30 JST
Sekisui House Reit,Inc. [3309.T]
TOKYO, Feb 27 (Pulse News Wire) -- Sekisui House Reit, Inc. (3309.T), represented by Executive Director Jinngo Ootani, announced today that it has decided to borrow funds amounting to ¥2.59 billion through a variable interest rate loan from Mitsubishi UFJ Bank. The loan will be used as part of the acquisition cost and related expenses for one residential property detailed in a separate announcement on February 26 regarding the domestic real estate trust beneficiary rights acquisition notice titled "Estimizon Kawaguchi."
The loan agreement stipulates an interest rate based on the Tokyo Interbank Offered Rate (TIBOR) plus 0.150%, with the initial execution date set for March 5, 2026, and repayment due on February 26, 2027. This is a short-term unsecured loan without any collateral involved. Interest payments will commence on March 31, 2026, followed by monthly installments thereafter until maturity. In case certain conditions are met prior to the repayment date, the company may repay all or part of the borrowed amount early upon written notification.
As per the disclosure, this new borrowing brings the total interest-bearing liabilities of Sekisui House Reit, Inc., up to ¥284.032 billion after the loan's implementation. Specifically, the short-term debt will increase by ¥2.59 billion, while long-term debt remains unchanged at ¥263.942 billion. Additionally, the total investment corporation bonds stand at ¥17.5 billion, marking no change since before the loan was executed.
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