CRE Logistics REIT, Inc. announced to borrow funds (borrowings). The borrowings is a green loan that is executed based on the Green Finance framework established by CRE REIT. the company borrowed total JPY 3,680 million from various lenders.

In that JPY 830.0 million taken from Sumitomo Mitsui Banking Corporation, JPY 650.0 million from Mizuho Bank Ltd., JPY 650.0 million from Development Bank of Japan Inc., JPY 650.0 million from MUFG Bank Ltd., JPY 550.0 million from Resona Bank, Limited and JPY 350.0 million from The Nishi-Nippon City Bank Ltd. The draw down date is February 7, 2018 and repayment date is January 31, 2022. The borrowed funds are used to repay the existing loans payable.