Creating peace of mind through honest and committed management.

[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

January 28, 2015
REIT Issuer
Ichigo Real Estate Investment Corporation (8975)
1-1-1, Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Yoshihiro Takatsuka, Executive Director
Asset Management Company
Ichigo Real Estate Investment Advisors Co., Ltd.
Representative: Wataru Orii, President & Representative Statutory Executive Officer
Inquiries: Minoru Ishihara, Executive Vice President & Statutory Executive Officer
Tel: 03-3502-4891

Determination of Interest Rates on Existing Loans
Ichigo Real Estate Investment Corporation has fixed the interest rates for the following existingloans:

LoanBank

Outstanding
Balance as ofJanuary 31, 2015

Sumitomo Mitsui Banking
Corporation
SMBC & Mizuho
Trust Bank
Syndicate Loan I(Term Loan 1)

Mizuho Trust & Banking
Co., Ltd.
Aozora Bank, Ltd.

4,992
million yen

Shinsei Bank, Limited

Interest Rate(p.a.)Reference

1.27273%[Effective Period]
January 30, 2015–
April 29, 2015

“SMBC andMizuho Trust-Led
Refinancing andRepayment of
Existing Loans,”released on
May 7, 2012www.ichigo-reit.co.
jp/module/_newsPdfReit/97/Ichigo_RE
IT_20120507E_Ref
inance.pdf

1.17273%[Effective Period]
January 30, 2015–
April 29, 2015

“Notice ofCompletion ofComprehensive
Refinancing,”
released on
January 29, 2013www.ichigo-reit.co.
jp/module/_newsPdfReit/163/IchigoRE
IT_20130129_Refi
nance_EN.pdf

Resona Bank, Limited.

Sumitomo Mitsui BankingCorporation
Mizuho Bank, Ltd.
SMBC Syndicate
Loan I(Term Loan 3)

Mizuho Trust & Banking
Co., Ltd.
Resona Bank, Limited

4,485
million yen

Aozora Bank, Ltd.
The Tokyo Star Bank,Limited
ORIX Bank Corporation

1

Loan

Resona Bank
Syndicate LoanBank

Resona Bank, Limited.
The Bank of Fukuoka, Ltd.

Outstanding
Balance as ofJanuary 31, 2015

2,000
million yen

Interest Rate(p.a.)

1.07273%[Effective Period]
January 31, 2015
–April 30, 2015

Sumitomo Mitsui Banking
Corporation
Mizuho Bank, Ltd.
Aozora Bank, Ltd.
SMBC Syndicate
Loan Ⅱ(Term Loan 5)

Shinsei Bank, Limited
The Bank ofTokyo-Mitsubishi UFJ,Ltd.

1,499
million yen

0.83000%[Effective Period]
January 30, 2015
–February 26, 2015

Resona Bank, Limited.

Reference“Notice of New
Loan and
Repayment of
Existing Loan”
released on
April 25, 2014www.ichigo-reit.co.
jp/module/_newsPdfReit/248/IchigoRE
IT_20140425_Refi
nance_ENG.pdf“New Loans andInterest Rate
Swap,” released on
December 8, 2014www.ichigo-reit.co.
jp/module/_newsPdfReit/298/IchigoRE
IT_20141208_Loan_ENG.pdf

The Kagawa Bank, Ltd.
ORIX Bank Corporation
Sumitomo Mitsui BankingCorporation
Mizuho Bank, Ltd.
SMBC Syndicate
Loan Ⅱ(Term Loan 7)

Aozora Bank, Ltd.
Shinsei Bank, Limited
The Bank ofTokyo-Mitsubishi UFJ,Ltd.

1,499
million yen

Resona Bank, Limited.
ORIX Bank Corporation

Website of Ichigo REIT: www.ichigo-reit.co.jp/english

20.83000%[Effective Period]
January 30, 2015
–February 26, 2015

“New Loans andInterest Rate
Swap,” released on
December 8, 2014www.ichigo-reit.co.
jp/module/_newsPdfReit/298/IchigoRE
IT_20141208_Loan_ENG.pdf