Daiwa Office Investment Corporation decided to borrow a total of JPY 10,000 million (the "Borrowing") and to make an early repayment of existing borrowings (the "Early Repayment") as outlined below. Lender: Sumitomo Mitsui Banking Corporation with amount of JPY 1,600 million with Interest Rate of 3 month Japanese Yen TIBOR + 0.500% and repayment is March 31, 2034, Sumitomo Mitsui Trust Bank, Limited with amount of JPY 1,000 million with Interest Rate of 3 month Japanese Yen TIBOR + 0.400% and repayment is February 27, 2032, MUFG Bank Ltd. with amount of JPY 1,500 million with Interest Rate of 3 month Japanese Yen TIBOR + 0.400% and repayment is February 27, 2032, Mizuho Bank Ltd. with amount of JPY 1,900 million with Interest Rate of 3 month Japanese Yen TIBOR + 0.480% and repayment is August 29, 20231. Mitsubishi UFJ Trust and Banking Corporation with amount of JPY 3,000 million with Interest Rate 3 month Japanese Yen TIBOR + 0.480% and repayment is March 31, 2034.

The Yamagata Bank Ltd. with amount of JPY 1,000 million with Interest Rate of 3 month Japanese Yen TIBOR + 0.400% and repayment is February 27, 2032.