For Translation Purposes Only
July 26, 2013
For Immediate Release
Nomura Real Estate Master Fund, Inc.
Takashi Kataoka, Executive Director(Securities Code: 3285)
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd.
Yasuaki Fukui, President and Chief Executive Officer
Inquiries: Takashi Kataoka, NMF Chief Investment Officer
TEL: +81-3-3365-8767
EMAIL: nmf3285@nomura-re.co.jp

Notice Concerning Debt Financing
Nomura Real Estate Master Fund, Inc. (“Nomura Master Fund” or the “Fund”) announced today that theFund will procure debt financing as stated below.
1. Purpose
Nomura Master Fund has decided to procure the debt financing to be used for the payment for the acquisitionof specified assets, etc.
2. Details of Debt Financing(1) Short-Term Borrowing (Term for 1 year)
1. Lenders:
2. Amount:
3. Interest Rate:
4. Drawdown Date:
5. Loan Type:
6. Repayment Date:
7. Terms of Repayment:
8. Interest Payment Date:

9. Collateral:

The Bank of Tokyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui Banking
Corporation, Mizuho Bank, Ltd.
8.5 billion yen
Base interest rate (JBA 1-month Japanese Yen TIBOR) +0.20% p.a.
July 30, 2013
Term loan (1 year with floating-rate, contracted on July 26, 2013)
May 26, 2014 (or the following business day if the date is a non-business day,or the prior business day if the date is in the next month)Lump-sum repayment on the repayment dateAugust 26, 2013, the first interest payment date, and 26th of every month
thereafter until April 2014 and May 26, 2014 (or the following business day if
the date is a non-business day, or the prior business day if the date is in thenext month)
Unsecured, unguaranteed(2) Long-Term Borrowing (Term for 10 years)
1. Lender:
2. Amount:
3. Interest Rate:
4. Drawdown Date:
5. Loan Type:
6. Repayment Date:
7. Terms of Repayment:
8. Interest Payment Date:

9. Collateral:

Sumitomo Mitsui Banking Corporation
2 billion yen
Base interest rate (JBA 3-month Japanese Yen TIBOR) +0.80% p.a.*
July 30, 2013
Term loan (10 year with floating-rate, contracted on July 26, 2013)
May 26, 2023 (or the following business day if the date is a non-business day,or the prior business day if the date is in the next month)Lump-sum repayment on the repayment dateAugust 26, 2013, the first interest payment date, and 26th of every February,
May, August, and November thereafter until February 2023 and May 26, 2023
(or the following business day if the date is a non-business day, or the priorbusiness day if the date is in the next month)
Unsecured, unguaranteed1

*As announced in “Notice Concerning Conclusion of Interest-Rate Swap Agreement” released today, theinterest rate concerning the debt financing of 2 billion yen with the floating-rate is converted to a fixed-rateof 1.89500% p.a. until May 26, 2023.
(3) Long-Term Borrowing (Term for 10 years)
1. Lender:
2. Amount:
3. Interest Rate:
4. Drawdown Date:
5. Loan Type:
6. Repayment Date:
7. Term of Repayment:
8. Interest Payment Date:

9. Collateral:

The Bank of Tokyo-Mitsubishi UFJ, Ltd.
2 billion yen
1.86500% p.a.
July 30, 2013
Term loan (10 year with fixed-rate, contracted on July 26, 2013)
May 26, 2023 (or the following business day if the date is a non-business day,or the prior business day if the date is in the next month)Lump-sum repayment on the repayment dateAugust 26, 2013, the first interest payment date, and 26th of every February,
May, August, and November thereafter until February 2023 and May 26, 2023
(or the following business day if the date is a non-business day, or the priorbusiness day if the date is in the next month)
Unsecured, unguaranteed(4) Long-Term Borrowing (Term for 10 years)
1. Lender:
Development Bank of Japan Inc.
2. Amount:
1 billion yen
3. Interest Rate:
1.83875% p.a.
4. Drawdown Date:
July 30, 2013
5. Loan Type:Term loan (10 year with fixed-rate, contracted on July 26, 2013)
6. Repayment Date:
May 26, 2023 (or the following business day if the date is a non-business day,or the prior business day if the date is in the next month)
7. Terms of Repayment:
Lump-sum repayment on the repayment date
8. Interest Payment Date:
August 26, 2013, the first interest payment date, and 26th of every Februaryand August thereafter until February 2023 and May 26, 2023 (or the following
business day if the date is a non-business day, or the prior business day if thedate is in the next month)
9. Collateral:
Unsecured, unguaranteed
The base interest rate applicable to the computation period of interest which is paid on the interest payment dateis determined two business days prior to each interest payment date. With regard to base interest rate, please see
the website of the Japanese Bankers Association (http://www.zenginkyo.or.jp/tibor/).
3. Use of funds
Loan proceeds will be used for a part of payment for the acquisition of the Landport Kawagoe and GEMS
Shibuya (Note) and related miscellaneous expenses, etc.
(Note)For the summary of Landport Kawagoe and GEMS Shibuya, Please refer to “Section 2 Fund Information / 1
Status of Fund / 2 Investment Policies / (2) Investment Targets / (3) Summary of Assets Planned to be
Acquired” of the Security Registration Statement (in Japanese) filed on May 9, 2013.

2

4. Status of Interest-bearing Debt after Drawdown(Unit: millions of yen)
Increase/Decreaseamount

Before the drawdown

After the drawdown

8,000

16,500+8,5008,000

16,500+8,50057,00062,000+5,00000－

Sub-total

57,00062,000+5,000Total

65,00078,500+13,500

Short-term borrowing
Sub-total
Long-term borrowing
Investment corporation bonds

5. Other
No change has been made to the content of “Section 2 Fund Information / 1 Status of Fund / 3
Investment Risks” of the Security Registration Statement (in Japanese) filed on May 9, 2013, regarding
the risk involved in the debt financing.
*Nomura Real Estate Master Fund, Inc. URL: http://www.nre-mf.co.jp/english/3