[For Translation Purposes Only]
March 27, 2019

For Immediate Release
To Whom It May Concern
Nomura Real Estate Master Fund, Inc.
Securities Code: 3462
Shuhei Yoshida, Executive Director
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd.
Norio Ambe, President & Chief Executive Officer
Inquiries:
Ken Okada
Director and Managing Executive Officer
TEL +81-3-3365-8767 nmf3462@nomura-re.co.jp

Notice Concerning Debt Financing (Determination of Loan Interest Rate)
Nomura Real Estate Master Fund, Inc. (“Nomura Master Fund” or “NMF” or the “Fund”) announced that theinterest rate of the following loans announced in “Notice Concerning Debt Financing” on March 19, 2019, has been
determined. Details are as follows.

1. Determination of Loan Interest Rate
Loan Type：Term Loan (Scheduled contract date: March 27, 2019)
Lenders

Amount(millionsof yen)

THE BANK OF FUKUOKA,
LTD.

500

Sumitomo Mitsui Trust Bank,
Limited

2,650

Mizuho Bank, Ltd.

1,550

Interest Rate
Fixed
0.44859%
Fixed
0.54205%

500

March 29,
9 years and2019
2 months

Fixed
0.63692%

2,300

Total

7,500

Terms ofRepayment

CollateralMay 26,2028

Lump-sum
repayment
Unsecured,on theunguaranteed
repaymentdate

9 years and February 26,
11 months
2029(Note2)

Sumitomo Mitsui BankingCorporation

RepaymentDate(Note1)

8 years and February 26,
11 months
2028(Note2)

Fixed
0.55038%Term

7 years and February 26,
11 months
2027(Note2)(Note3)

The Bank of Kyoto, Ltd.

Drawdown
Date

Fixed
0.63692%

9 years and February 26,
11 months
2029(Note4)(Note 1) Repayment Date is the following business day if the date is a non-business day, or the prior business day if the following businessdate is in the next month.
(Note 2) The interest payment dates are the 26th of every February and August, beginning August 26, 2019, until the Repayment Date,as well as the Repayment Date. If any of these days is a non-business day, the interest payment date will be the following businessday, or the prior business day if the following business day is in the next month.
(Note 3) The interest payment dates are the 26th of every May and November, beginning May 26, 2019, until the Repayment Date, as well asthe Repayment Date. If any of these days is a non-business day, the interest payment date will be the following business day, or theprior business day if the following business day is in the next month.
(Note 4) The interest payment dates are the 26th of every February, May, August and November, beginning May 26, 2019, until theRepayment Date, as well as the Repayment Date. If any of these days is a non-business day, the interest payment date will be thefollowing business day, or the prior business day if the following business day is in the next month.

－ 1 －2. Other

No significant change has been made to the content of “Section 1 Fund Information / 1 Status of Fund / 3Investment Risks” of the Securities Report (in Japanese) filed on November 29, 2018 and “Section 2 Reference Information/ 2 Supplement Information / 8 Investment Risks” of the Securities Registration Statement (in Japanese) filed on February
7, 2019 regarding the risk involved in the Debt Financing.
*<Nomura Real Estate Master Fund, Inc.> URL: https://www.nre-mf.co.jp/en/－ 2 －