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Japan Hotel Reit Investment Corp (8985.T)

8985.T on Tokyo Stock Exchange

79,000JPY
22 Nov 2017
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¥79,000
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11,699
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¥82,200
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¥71,000

Latest Key Developments (Source: Significant Developments)

Japan Hotel Reit Investment to issue 9th series unsecured bonds worth 1 bln yen
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Japan Hotel Reit Investment Corp <8985.T>:Says it will issue 9th series unsecured corporate bonds worth 1 billion yen, with coupon rate of 0.53 percent per annum .The bonds are each with face value of 100 million yen, issue price at 100 yen per face value of 100 yen, maturity date on Nov. 22, 2024 .Subscription date on Nov. 2 and payment date on Nov. 24 .SMBC Nikko Securities Inc., Mizuho Securities Co., Ltd. and Daiwa Securities Co.Ltd. will serve as underwriters.Proceeds will be used for loan repayment .  Full Article

R&I upgrades Japan Hotel Reit Investment's rating to "A" and announces stable rating outlook
Wednesday, 5 Oct 2016 

Japan Hotel Reit Investment <8985.T>: Says Rating and Investment Information, Inc. (R&I) raised the company's issuer rating to "A" from "A-" .Says rating outlook stable, changed from positive.  Full Article

Japan Hotel Reit Investment completes Nagoya-based property's acquisition for 15.25 bln yen
Thursday, 1 Sep 2016 

Japan Hotel Reit Investment Corp <8985.T> :Says it completes acquisition of trust beneficial rights of a property located in Nagoya, for 15.25 billion yen, on Sept. 1.  Full Article

Japan Hotel Reit Investment completes acquisition of property for 4.93 bln yen
Friday, 19 Aug 2016 

Japan Hotel Reit Investment Corp <8985.T> : Says it completes acquisition of trust beneficial rights of hotel property located in Fukuoka for 4.93 billion yen, on Aug. 19 .Plan disclosed on July 7.  Full Article

Japan Hotel REIT Investment confirms to raise 926.9 mln yen via private placement
Thursday, 18 Aug 2016 

Japan Hotel REIT Investment Corp <8985.T>: Says it confirmed to issue 11,740 new units through private placement, to SMBC Nikko Securities Inc. . Says it to raise 926.9 million yen via private placement .Says subscription date on Aug. 22 and payment date on Aug. 23.  Full Article

Japan hotel Reit Investment completes acquisition of property in Osaka
Monday, 1 Aug 2016 

Japan hotel Reit Investment Corp <8985.T> :Says it completes acquisition for trust beneficial rights of a property located in Osaka for 27 billion yen, on Aug. 1.  Full Article

Japan Hotel REIT Investment says determination of number of new investment units to be issued
Monday, 25 Jul 2016 

Japan Hotel REIT Investment Corp <8985.T>:Says it determined to issue 428,260 new units via public offering and with paid-in price of 33.81 billion yen in total.  Full Article

Japan Hotel Reit Investment prices units issuance
Wednesday, 20 Jul 2016 

Japan Hotel Reit Investment Corp <8985.T> : Says it plans to issue new units via public offerings for 33.8 billion yen in total, with subscription period from July 21 to July 22, payment date on July 27 and transaction date on July 28 .Says it plans to issue new units via private placement for 926.9 million yen in total, with subscription date on Aug. 22 and payment date on Aug. 23.  Full Article

Japan Hotel Reit Investment to issue new units for 35.49 bln yen via public offering and private placement
Thursday, 7 Jul 2016 

Japan Hotel Reit Investment Corp <8985.T>: Says it resolved to issue 428,260 new units by way of domestic public offering(186,260 units) and the international offering(242,000 units) . Says subscription period and payment date are not disclosed . Says it resolved to issue 11,740 new units through private placement . Says subscription on Aug. 22 and payment on Aug. 23 .Says it will raise up to 35.49 billion yen in total and the proceeds will be used for properties acquisition.  Full Article

Japan Hotel Reit Investment to take out 14 bln yen and to buy three properties
Thursday, 7 Jul 2016 

Japan Hotel Reit Investment Corp <8985.T> : Says it plans to buy three properties for 47,175 million yen in total .Says it plans to take out a loan of 14 billion yen for property acquisition.  Full Article

BRIEF-Japan Hotel Reit Investment to issue 9th series unsecured bonds worth 1 bln yen

* Says it will issue 9th series unsecured corporate bonds worth 1 billion yen, with coupon rate of 0.53 percent per annum