NEWS RELEASE
June 26, 2024
For Immediate Release

Investment Corporation
Japan Real Estate Investment Corporation
Jo Kato, Executive Director(TSE code: 8952)
Asset Management Company
Japan Real Estate Asset Management Co., Ltd.
Shojiro Kojima , President & CEO
Contact: Masaaki Fujino
Senior Executive Officer & General Manager
Strategic Planning Department
Phone: +81‐3‐3211‐7951

Announcement of Loan Prepayment and Debt Financing
Japan Real Estate Investment Corporation hereby announces its decision today to repay the existing
loan before the due date and to procure funds as follows:

1. Prepayment of Short‐Term Loan(I) Prepayment date:July 8, 2024
(II) Overview of loan to be repaid before the due date:(1) Amount of loan to be
JPY 1,000 million
prepaid(2) Amount of loan
JPY 3,000 million (Note)(3) Amount of loan
outstanding
JPY 2,000 million
after the prepayment(4) Lender
Mizuho Bank, Ltd.
(5) Interest rate
0.2354% (from June 10, 2024 through July 7, 2024)(6) Borrowing date
March 8, 2024
(7) Method of borrowing Loan based on overdraft agreement
Unsecured/unguaranteed loan(8) Interest payment date The principal repayment date and the 8th of every month in the period
until the principal repayment date(9) Method of principal
Lump‐sum repayment on the principal repayment daterepayment(10) Principal repayment
March 10, 2025
date(11) Disclosure date
March 7, 2024
*There will be no early repayment fee due to this loan prepayment.
(Note) The number stated in the “(2) Amount of loan” refers to the loan amount outstanding after the loan prepayment as
described in the press release titled “Announcement of Loan Prepayment” dated April 25, 2024.

12. Debt Financing(I) Reason for the borrowing
To apply the following loan to the prepayment of the above‐mentioned loan(II) Overview of the borrowing(1) Amount of loan
JPY 1,000 million (Note1)(2) Lender
The Tochigi Bank, Ltd.
(3) Interest rate
1.1025% (Fixed)(4) Borrowing dateJune 28, 2024
(5) Method ofLoan agreement dated June 26, 2024
borrowing
Unsecured/unguaranteed loan(6) Interest payment The principal repayment date and the 28th of every June and December in thedate
period until the principal repayment date (Note2)(7) Method ofprincipal
Lump‐sum repayment on the principal repayment daterepayment(8) Principal
June 28, 2034
repayment date
(Note1) This loan will be applied to prepayment of the above‐mentioned loan from Mizuho Bank, Ltd., and the funds will
be deposited with financial institutions until the time of the prepayment.
(Note2) When an interest payment date is not a business day, the interest shall be paid on the following business day or
the immediately preceding business day if the following business day is in the following month.

3. Balance of interest‐bearing debt after the debt financing(Units: millions of JPY)
BeforeShort‐term loans payable

After

Increase/Decrease

46,50045,500‐1,00019,50019,500±0366,200

367,200+1,000Total loans

432,200

432,200±0

Investment corporation bonds

32,99332,993±0

Total
investment corporation bonds

32,99332,993±0Total interest‐bearing debt

465,193

465,193±0Long‐term loans payable(Variable interest rate)
Long‐term loans payable(Fixed interest rate)

4. Others
Regarding risks pertaining to this loan repayment, there is no material change to the descriptionsof “Investment risks” in the latest securities report submitted on June 25, 2024.

This is the English translation of the announcement in Japanese dated June 26, 2024.
No assurance or warranties are given for the completeness or accuracy of this English translation.

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