March 14, 2024
For Immediate Release
Real Estate Investment Trust Securities Issuer:
Advance Residence Investment Corporation(Securities Code：3269)
1-105 Kanda-Jinbocho, Chiyoda-ku, Tokyo
Representative: Wataru Higuchi, Executive Director
Asset Management Company:
ITOCHU REIT Management Co., Ltd.
Representative: Junichi Shoji, Representative Director,President & CEO
Inquiries:
Isao Kudo, Executive Officer(TEL. +81-3-6821-5483)
Notice Concerning Early Repayment of Loan
Advance Residence Investment Corporation (ADR) announced today its decisions regarding debt financing and earlyrepayment of loans (3,000 million yen) as detailed below.

1.

Details of the early repayment of loan
Loan based on the loan commitment agreement concluded on May 1, 2015
Early Repayment Date：March 29, 2024

2.

Drawdown Date

Maturity Date

LenderLoan Outstanding
before Early
Repayment[A]

September 29, 2023

September 27, 2024

MUFG Bank, Ltd.
Sumitomo Mitsui
Trust Bank, Limited
Mizuho Bank, Ltd.

3,000

Early Repayment
Amount[B]

3,000(JPY:million)
Loan Outstanding
after Early
Repayment[A]-[B]

Repayment money
Long-term loan scheduled to be borrowed on March 29, 2024 will be used to fund the repayment.

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

0Reference Material: Debt Financing Balance (As of March 29, 2024)（JPY:million）

Before Refinancing Note1

After Refinancing Note2

Short-term Loans
Long-term Loans
Total Loans
Corporate Investment Bonds

5,000
190,909
195,90931,6002,000
193,909
195,90931,600Total interest-bearing debt

227,509

227,509

Increase (Decrease)-3,0003,000-

Note1 As of March 28, 2024
・There will be no increase or decrease in loans and investment corporation bonds by March 28, 2024.
Note2 It is assumed that the interest-bearing debts will change as follows by March 29, 2024.
・The 3,000 million yen of this prepayment will be refinanced with long-term debt of the same amount on March 29, 2024.
・There will be no increase or decrease in loans and investment corporation bonds other than the above.
.

About Advance Residence Investment Corporation
Advance Residence Investment Corporation is the largest J-REIT specializing in residential properties and is managed by ITOCHU REITManagement Co., Ltd. (IRM), the asset management company of the ITOCHU Group, investing in over 280 rental apartments located mostly
in central Tokyo and in other major cities throughout Japan (AUM over 480 billion yen). ADR can be expected have a stable dividend in thelong-term and can be considered as a defensive J-REIT, on back of the stable income from residential assets and with the largest dividend
reserve among J-REITs.
"Advance" is the common brand name of the real estate investment corporation managed by ITOCHU REIT Management Co., Ltd.
ADR’s website: https://www.adr-reit.com/en/
IRM’s website : https://www.itc-rm.co.jp/en/

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