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BRIEF-Heiwa Real Estate Reit to buy property and take out 3 bln yen loan
December 26, 2016 / 7:32 AM / a year ago

BRIEF-Heiwa Real Estate Reit to buy property and take out 3 bln yen loan

Dec 26 (Reuters) - Heiwa Real Estate Reit Inc :

* Says it plans to acquire a property located in Fukuoka, at 880 million yen on Jan. 23, 2017

* Says co plans to take out a loan of 3 billion yen on Jan. 20, 2017, at interest rate of one-month TIBOR (Tokyo Inter Bank Offered Rate)+ 0.175 percent with maturity on Feb. 28, 2018

* Proceeds will be used to fund property acquisition

Source text in Japanese: goo.gl/JCszNy ; goo.gl/E5aKGE

Further company coverage: (Beijing Headline News)

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