3468 Star Asia Investment
- 59900
- +200+0.34%
Star Asia Investment to Repay 1.3 Billion Yen Debt Ahead of Maturity
Star Asia Investment (TYO:3468) will repay 1.3 billion yen of borrowings on June 28, funded by a consumption tax refund. This early repayment pertains to short-term borrowings originally set to mature
Polaris HD --- Comprehensive Support Agreement for Hotel Operations, etc.
Polaris Holdings ＜3010＞ announced on the 14th that it has decided to conclude a “comprehensive support agreement relating to hotel management, etc.” between Star Asia Investment Advisors (hereafter, the same asset management company) belonging to the sponsor group Star Asia Group and Star Asia Real Estate Investment (3468) (hereafter, the same investment corporation), which outsources asset management to asset management companies. According to the company group, further expansion of the operating platform is growth dry aimed at achieving the company's goals
Star Asia Group to Acquire 100% of Minacia Co. Ltd, a Leading Domestic Hotel Operator
TOKYO, May 9, 2024 /PRNewswire/ -- Star Asia Group is pleased to announce that it has entered into a share transfer agreement with Minacia Co., Ltd. ("Minacia") on April 26, 2024, to acquire 100% of
Star Asia Investment Secures Short-term Loan of 1 Billion Yen
Star Asia Investment (TYO:3468) has secured short-term loans totaling 1 billion yen from major banks for repayment of existing debt maturing April 30, according to its filing Thursday. The REIT said i
Asahi Intec, SCSK, etc. (additional) Rating
Upgrade-Bullish Code | Stock Name | Securities Company | Conventional | After Change |------|--------------|--------------|--------------|＜6594＞|Nidec | Macquarie | “Neutral” | “Out P” |＜6755＞|Futtsu Zene |GS | “Selling”
Star Asia Investment Secures 8 Billion Yen Loan to Repay Debt
Star Asia Investment (TYO:3468) has secured a loan worth 8 billion yen under individual term loan agreements with a syndicate of lenders led by Sumitomo Mitsui Banking and Mizuho Bank to repay existin
Calbee, Star Asia, etc. (added) Rating
Upgrade-Bullish Code | Stock Name | Securities Company | Conventional | After Change |------|--------------|--------------|＜3281＞|GLP | SMBC Nikko | “2” | “1” |＜6701＞|NEC |JPM | “Neutral” | “Over W” |＜8
Growing Attention [REIT] Top 30 High Yield ＜Special Feature on Undervalued Stocks＞ 4/3 Edition
Real estate investment trusts (REITs) are attracting attention as financial products that can be expected to yield high yields. REIT distributions are made up of rent etc. from a large number of properties as capital. Since most of these profits are returned to investors as distributions, relatively high yields and stable distributions can be expected.
Star Asia Investment Changes Name of Fino Hotel to Koko Hotel
Star Asia Investment (TYO:3468)) has changed the name of one of its managed assets as part of its rebranding approach, according to its filing on Monday. The former Fino Hotel Sapporo Odori is now kno
Star Asia Investment Receives Long-Term Issuer Rating of A+
Star Asia Investment (TYO:3468) received a long-term issuer rating and outlook of "A+/Stable" from the Japan Credit Rating Agency, according to a Thursday bourse filing.
Star Asia Completes Building Extensions at Funabashi Factory, Foresees Increased Revenues
Star Asia Investment Corporation (TYO:3468) has completed the construction of building extensions at "Funabashi Hi-tech Park Factory I," a property under its management, and has acquired the new exten
Star Asia Investment Bags Environment Efficiency Certification for Osaka, Shiga Properties in Japan
Star Asia Investment (TYO:3468) received the comprehensive assessment system for built environment efficiency, or CASBEE, certification for La Park Kishiwada in Osaka and Seiyu Minakuchi in Shiga, acc
Star Asia Investment Asset Manager Purchases Higashi Kobe Center Building for 160 Million Yen in Cash
Star Asia Investment Management, which manages assets of Star Asia Investment (TYO:3468), has purchased the leasehold rights of "Higashi Kobe Center Building" land covering an area of 794.18 square me
Star Asia Logs 83.5% Occupancy Rate Across Japan Hotels in October
Star Asia Investment (TYO:3468) said its 16 hotel properties in Japan had an average occupancy rate of 83.5% in October. The average daily rate (ADR) for the month was 10,188 yen, while the average re
Star Asia Investment Gets BELS Certification for Four Properties
Star Asia Investment (TYO:3468) has recently obtained the "Building-Housing Energy-Efficiency Labeling System (BELS)" certification for four of its hotel properties, according to its filing on Wednesd
Star Asia Logs 82% Occupancy Rate Across Japan Hotels in September
Star Asia Investment (TYO:3468) said its 16 hotel properties in Japan had an average occupancy rate of 81.6% in September. The average daily rate (ADR) for the month was 10,523 yen, while the average
Star Asia Investment Acquires Class A Beneficial Interests of Mezzanine Loan Debt on Sept 13
Star Asia Investment (TYO:3468) and its asset manager Tokyo Capital Management have agreed to acquire Class A Beneficial Interests of its mezzanine loan debt investment on Sept. 13, three months earli
Star Asia Investment Raises Borrowing Amount in Debt Financing
Star Asia Investment (TYO:3468) decided to raise the borrowing amount with respect to a debt financing previously announced in August, the real estate investment trust said Wednesday. The total borrow
Star Asia Investment Corp. Plans Issue of 450,311 New Investment Units via Public Offering
Star Asia Investment (TYO:3468) plans to issue 450,311 new investment units through a public offering at a yet-to-be-determined price, according to its filing on Monday. Additionally, the REIT said, t
Polaris Holdings Subsidiary Sells Two Hotels to Star Asia Investment for 8 Billion Yen; Shares up Over 13%
Polaris Holdings' (TYO:3010) subsidiary, Tenjin Hotel Kanri, has executed an agreement to sell the Best Western PLUS Fukuoka Tenjin-minami and the Fino Hotels Sapporo Odori to Star Asia Investment (TY