Selling the empty office building, must be a plus in the current circumstances.
Of course it would be better still to let it out for a good rent, but that is easier said than done. Office space real estate in Japan is suffering due to high vacancy rates. The new owner is going to redevelop it, I wonder what do they plan to do. Looks like it was not an option for AJA, due to its still relatively high gearing.
Our gearing will be improved but not much.
Should help with the refinancing due in by December.
The news relase omited to mention our new NTA.
Does anyone have the figure on hand to do some rough calculations?
The good news is that the management reconfirmed the distribution guidance.
Next, still to do, is the capital restructure, that was not mention either.
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- step in the right direction.
Selling the empty office building, must be a plus in the current...
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