5 stories mentioning TYO:3249Updated 7d ago
Every FINWIRES story that references TYO:3249, newest first.
Industrial & Infrastructure Fund Investment (TYO:3249) reported no damage affecting the operation of its properties following the 2026 Kumamoto earthquake, according to a Wednesday release.The REIT said it owns 11 properties in Japan's Kyushu region, including nine in Fukuoka Prefecture and two in Saga Prefecture.
Industrial & Infrastructure Fund Investment (TYO:3249) \ secured two loans totaling 5 billion yen to make early partial repayment of an existing debt, according to a Tokyo bourse filing on Wednesday.The REIT will secure the loans from Resona Bank, of which the first will be a 2.5 billion yen, three-year facility maturing July 31, 2029, and the second a 2.5 billion yen, eight-year facility maturing July 31, 2034. Both are scheduled for drawdown on July 31, 2026.The proceeds will be used to make a partial early repayment of a 5.5 billion yen loan from Sumitomo Mitsui Banking, with 5 billion yen being repaid on July 31, ahead of its original Nov. 30 maturity.
Industrial & Infrastructure Fund Investment (TYO:3249) has executed a 4 billion yen refinancing package with four lenders to make a partial early repayment of an existing loan due Nov. 30.The new loans comprise a 1 billion six-year facility at TIBOR plus 0.195% from The Bank of Fukuoka, with a repayment date of June 30, 2032, according to a Tokyo bourse filing on Wednesday.The remaining two loans- 2 billion yen from The Chiba Bank and 1 billion yen from The Fukui Bank - each carry 9-year tenors at TIBOR plus 0.255% and are due on June 29, 2035.
Industrial & Infrastructure Fund Investment (TYO:3249) said it will raise 3.4 billion yen through new debt financing to replenish cash used for recent property acquisitions, according to a Wednesday filing on the Tokyo Stock Exchange.The loan will be provided by Mizuho Trust & Banking with a term of about 0.9 years at a floating rate tied to one-month yen TIBOR plus 0.16%, with borrowing scheduled for April 27 and repayment due March 31, 2027.Following the financing, total interest-bearing debt will increase to 297.63 billion yen from 294.23 billion yen.
Industrial & Infrastructure Fund Investment (TYO:3249) said it will acquire two logistics-related real estate assets in Osaka and Hyogo for a total of 3.9 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.The assets, to be acquired from Proterial and its affiliate, include facilities in Sakai and Nishinomiya, with a combined average NOI yield of 4.4%. The acquisition is scheduled for April 30.
