Daiwa Office Investment (TYO:8976) said it signed a commitment line agreement with Daiwa Next Bank, securing 3 billion yen for future funding needs while strengthening its financial base, according to a Friday release.
The Tokyo-listed company said the unsecured and unguaranteed commitment line will be available from July 31, 2026, through July 30, 2027, replacing an existing 3 billion yen commitment line expiring on July 31.
The proceeds will be used for acquisitions of new property and existing debt repayments.