Japan Real Estate Investment Corporation hereby announces its decision to procure funds as follows: Reason for the borrowing: Repayment of the existing long-term loan of JPY 1 billion executed on March 26, 2018. Borrowing date: March 26, 2024; Lender: The Hachijuni Bank Ltd.; Amount of loan: JPY 1,000 million; Interest rate: 0.98125% (Fixed); Method of borrowing: Loan agreement dated March 22, 2024, Unsecured/unguaranteed loan; Interest payment Date: The principal repayment date and the 26th of every March and September in the period until the principal repayment date; Method of principal Repayment: Lump-sum repayment on the principal repayment date; Principal repayment Date: March 27, 2034.