9 stories mentioning TYO:8972Updated 35d ago
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KDX Realty Investment (TYO:8972) has finalized a 3 billion yen unsecured, unguaranteed fixed-rate borrowing at 2.23584% from Mizuho Bank.The new loan drawdown is scheduled for July 1, 2026 and full principal repayment due Oct. 31, 2031, according to a Tokyo bourse filing on Monday.
KDX Realty Investment (TYO:8972) has finalized the interest rates for its Series 0053 and 0054 borrowings, previously disclosed on June 25, according to a Tokyo bourse filing on Friday.The company secured three fixed-rate term loans totaling 1.5 billion yen from The Kiyo Bank, Kiraboshi Bank, and Suruga Bank, with rates ranging from 2.0625% to 2.1625%.All loans are unsecured and unguaranteed, with drawdown scheduled for June 30, 2026, and full principal repayment at maturity on June 30, 2031.
KDX Realty Investment (TYO:8972) secured 4.5 billion yen in debt financing through two borrowing series from four lenders, according to a Tokyo bourse filing on Thursday.The Series 0053 facility is equally split among The Kiyo Bank, Kiraboshi Bank, and Suruga Bank, each lending 500 million yen with a June 30, 2031 maturity.Meanwhile, Mizuho Bank provides the 3 billion yen Series 0054 loan, set to mature on Oct. 31, 2031.Proceeds from Series 0053 will refinance existing debt maturing in June 2026, while Series 0054 expands the REIT's lender base and diversifies funding sources.
KDX Realty Investment (TYO:8972) has agreed to acquire a Tokyo residential property and a Fukuoka logistics facility while disposing of two retail land sites in the Greater Tokyo area, according to a Tokyo bourse filing on Thursday.The acquisitions, totalling 7.43 billion yen, target a family-type apartment in Nakano with strong rental demand and a last-mile logistics hub near Fukuoka Airport with stable occupancy.Meanwhile, the dispositions of leased land in Urayasu and Moriya, valued at 7.45 billion yen combined, address limited rent growth potential due to long-term fixed leases.The transactions are expected to generate a 720 million yen gain on sale in the fiscal period ending April 2027, with minimal near-term impact on financial forecasts.The portfolio will expand to 34 properties worth 1.216 trillion yen following the completion of the deals.
KDX Realty Investment's (TYO:8972)net income rose 0.4% to 17 billion yen for the six months ended April 30, from nearly 17 billion yen in the prior half-year period.The REIT's earnings per unit increased to 4,218 yen from 4,202 yen in the previous six-month period, according to a Tokyo bourse filing on Wednesday.Operating revenues slipped 0.1% to 39.8 billion yen from 39.9 billion yen in the prior half-year period.It declared a distribution of 4,166 yen per unit for the fiscal period, payable from July 17.For the fiscal period ending Oct. 31, the REIT expects net income of 15.9 billion yen, distribution per unit of 4,227 yen, and operating revenues of 40.1 billion yenFor the fiscal period ending April 30, 2027, the REIT expects net income of 16.1 billion yen, distribution per unit of 4,227 yen, and operating revenues of 39.9 billion yen.
KDX Realty Investment's (TYO:8972) asset manager has decided to dispose of a property known as Life Takadono (Land) for an anticipated price of 3.69 billion yen, according to a Tokyo bourse filing on Monday.The property, located in Osaka's Asahi-ku and leased to a supermarket chain tenant, has generated stable cash flow but offers limited upside for rent growth.The disposal, scheduled for Dec. 1, is expected to yield a gain of 330 million yen above the assumed book value.
KDX Realty Investment (TYO:8972) agreed to sell its Life Takadono land in Osaka, Japan, to Hankyu Hanshin REIT (TYO:8977) for 3.69 billion yen, according to a Monday Tokyo bourse filing.The property, which is land leased to a supermarket operator in the Tokyo metropolitan area, is priced 330 million yen above the assumed book value of 3.36 billion yen.The proceeds from the transaction will be used to improve portfolio quality through asset reshuffling, the filing said.The sale is scheduled to be completed on Dec. 1, according to KDX.
KDX Realty Investment (TYO:8972) extended its 16.5 billion yen commitment line agreement with six major banks, moving the termination date from April 30, 2026, to April 30, 2027.The REIT said the syndication-type commitment line remains unsecured and unguaranteed, with a contract period covering May 1, 2026 to April 30, 2027, according to a Tokyo bourse filing on Friday.The six lenders - Sumitomo Mitsui Banking, MUFG Bank, Mizuho Bank, Sumitomo Mitsui Trust Bank, Resona Bank, and Mizuho Trust & Banking - serve as counterparties to the facility.
KDX Realty Investment (TYO:8972) said it will undertake debt financing of 2.67 billion yen through a green loan to refinance existing borrowings, according to a Friday filing on the Tokyo Stock Exchange.The Series 0050 loan will be provided by Sumitomo Mitsui Banking with an interest rate set at one-month yen TIBOR plus 0.125%, with a contract date of April 17, drawdown on April 21, and maturity on April 30, 2027.The borrowing will be unsecured and unguaranteed, with the principal repaid in full at maturity. Proceeds will be used to refinance existing debt due on April 21, 2026.
