Advance Residence Investment : Notice Concerning Debt Financing Interest Rates

For Immediate Release

September 7 2017

Advance Residence Investment Corporation

Securities Code：3269

1-105 Kanda-Jinbocho, Chiyoda-ku, Tokyo Kenji Kousaka, Executive Director

Asset Management Company:

AD Investment Management Co., Ltd.

Kenji Kousaka, President

Inquiries: Tomoyuki Kimura, Director and General Manager Corporate Management Department

TEL. [phone]

Notice Concerning Debt Financing Interest Rates

Advance Residence Investment Corporation (ADR) announced that the interest rates for 7,000 million yen long-term loans (planned execution date September 11, 2017) (Note) have been set as follows.

No.	Lender	Execution Date	Loan Amount (mm yen)	Interest Rate (fixed rate)	Principal Repayment date	Repayment Period	Principal Repayment	Collateral/ Guarantee
1	The Bank of Tokyo-Mitsubishi UFJ, Ltd.	September 11,2017	500	0.51000%	August 31, 2027	10.0 year	Pay in full on the maturity date	Unsecured Non-guaranteed
2	Sumitomo Mitsui Trust Bank, Limited The Nishi-Nippon City Bank,Ltd. The Bank of Fukuoka,Ltd. The Iyo Bank,Ltd. The Bank of Kyoto,Ltd. Shinkin Central Bank JAPAN POST INSURANCE Co., Ltd.	September 11,2017	4,000	0.55385%	August 31, 2027	10.0 year
3	The Nishi-Nippon City Bank,Ltd. The Bank of Fukuoka,Ltd. The Iyo Bank,Ltd. The Chugoku Bank,Ltd. Shinkin Central Bank	September 11, 2017	2,500	0.41639%	Febrary 27, 2026	8.5 year
Total or Weighted Average	7,000	0.50163%	9.4 year

(Note) Please refer to the "Notice Concerning Debt Financing and Redemption of Bond" dated July 26, 2017 and August 31,2017 for details on the loans.

* URL: http://www.adr-reit.com/en/

[Provisional Translation Only]

English translation of the original Japanese document is provided solely for information purposes.

Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.