TYO:3279

2 stories mentioning TYO:3279

Every FINWIRES story that references TYO:3279, newest first.

Activia Properties Secures 6 Billion Yen Loan to Refinance Existing Debt

Activia Properties (TYO:3279) has arranged a 6 billion yen long-term loan from Sumitomo Mitsui Banking Corp. to redeem an existing borrowing of the same amount, according to a Tokyo bourse filing on Friday.The new loan carries an interest rate of 0.265% plus the one-month JBA Japanese Yen TIBOR, with a drawdown date of June 12, 2026, and maturity on June 12, 2033.The new loan is structured as a green loan under SMBC's Sustainable Finance Framework, which has received a second opinion from the Japan Credit Rating Agency.

TYO:3279TYO:8309

Asia20d ago

Activia Properties to Acquire Trust Beneficiary in Nest Hotel Naha Kumoji for 5.49 Billion Yen

Activia Properties (TYO:3279) has decided to acquire the trust beneficiary interest in Nest Hotel Naha Kumoji, a limited-service hotel in Naha City, Okinawa, for 5.49 billion yen.The property, which opened in April 2021, maintains a 100% occupancy rate under a long-term lease contract with minimum guaranteed rent plus variable rent, according to a Tokyo bourse filing on Tuesday.The acquisition, set for completion on May 29, is part of API's asset replacement strategy alongside the planned sale of Kobe Kyu Kyoryuchi 25Bankan, expanding its portfolio to 46 properties worth 542.1 billion yen.

TYO:3279