#Refinancing

Refinancing of 1,000 million yen borrowings maturing on January 30, 2026, with a 3-year fixed interest rate of 1.959%. Total borrowings remain unchanged at 279,033 million yen.

Daiwa Securities Living Investment Corporation will execute refinancing totaling JPY 2,591 million as of January 27, 2026. This refinancing is for repayment funds of borrowings from multiple financial institutions.

Escon Japan REIT Investment Corporation plans to undertake new long-term borrowings of 7,797 million yen on January 30, 2026, to refinance existing long-term borrowings of 7,797 million yen.

Nihon Toshi Fund Investment Corporation will refinance borrowings totaling approximately 100 billion yen with repayment due on January 30, 2026, aiming to stabilize funding by increasing long-term borrowings.

Japan Hotel REIT Investment Corporation plans to borrow a term loan of 2,500 million yen from Mizuho Bank on January 30, 2026, and refinance the existing loan of 2,526 million yen due on the same day.