REIT AsiaPac

Sign up for our newsletter

Frontier Real Estate Investment Corporation Increases Commitment Line’s Maximum Amount

Frontier Real Estate Investment Corporation Increases Commitment Line’s Maximum Amount

February 11, 2020 — Frontier Real Estate Investment Corporation announced that it has changed the maximum loan amount for the commitment line agreement with Sumitomo Mitsui Banking Corporation from 3 billion yen to 5 billion yen.

The Investment Corporation has decided to establish a commitment line in order to continuously secure stable financial ground in preparation of acquisitions of specified assets, refinancing risk, and others.

Read more here

Related News

Frontier Real Estate Investment Corporation Changes Property Name As Part Of Renovation Efforts