Notice Regarding Borrowing of Funds

Purpose and Details of Borrowing

This investment corporation has conducted a short-term borrowing of 17,500 million yen as acquisition funds for GRAND CENTRAL CHIBA, and decided on long-term borrowings totaling 6,150 million yen to repay existing long-term borrowings of 4,750 million yen, 200 million yen, and 1,200 million yen due in March and April 2026. The lenders are mainly Mitsubishi UFJ Bank, Ltd. and multiple other banks. The borrowings are unsecured and repayable in lump sum at maturity.

Financial Status and Risks After Borrowing

After the borrowing, the balance of interest-bearing debt will be 126,600 million yen, including a new short-term borrowing of 17,500 million yen. The borrowing interest rates comprise a mix of variable and fixed rates, and partial principal repayments are possible on interest payment dates. Collateral may be set on real estate trust beneficiary rights and the like upon certain events. There are no changes to the investment risk descriptions disclosed in previously submitted securities reports and registration statements related to risks associated with the borrowings.