Shinsei Bank: First Reit secures 1.7 billion yen social loan to partially fund nursing home acquisitions

FIRST Real Estate Investment Trust (Reit) has secured a 1.7 billion yen (S$16.9 million) non-recourse social loan from Japan's Shinsei Bank, which has partially funded the Reit's 2.6 billion yen <a href="https://www.businesstimes.com.sg/companies-markets/first-reit-to-buy-2-j... target="_blank">acquisitions of 2 nursing homes in Japan</a>.