CRE Logistics REIT, Inc. announced that the interest rate has been determined for the long-term loans payable, which is part of the borrowings to be made on April 3, 2023, out of the borrowings announced on March 23, 2023 in the "Notice Concerning Borrowing of Funds (including Green Loan)" and the borrowings announced on March 29, 2023 in the "Notice Concerning Borrowing of Funds (Reduction and Final Determination of Loan Amounts from Lenders)" (the "Borrowings"). Details are as follows. Details of determination of interest rate: Category: Long-term loans payable; Lender: MUFG Bank Ltd.; Loan amount: JPY 700 million; Interest rate: 0.880; Drawdown date: April 3, 2023; Borrowing method: Borrowing based on individual loan agreement concluded on March 29, 2023; Repayment date: September 30, 2027; Repayment method: Lump-sum repayment at maturity; Notes: Unsecured Unguaranteed.