Japan Real Estate Investment : (Correction) Announcement of Corrections to “Announcement of Debt Financing”

NEWS RELEASE

April 5, 2021

For Immediate Release

Investment Corporation

Japan Real Estate Investment Corporation

Yutaka Yanagisawa, Executive Director

(TSE code: 8952)

Asset Management Company

Japan Real Estate Asset Management Co., Ltd.

Naoki Umeda, President & CEO

Contact: Masaru Motooka

Executive Officer & General Manager

Planning Department

Phone: +81‐3‐3211‐7951

(Correction) Announcement of Corrections to

"Announcement of Debt Financing"

Japan Real Estate Investment Corporation has made corrections to part of the descriptions in "Announcement of Debt Financing" dated March 29, 2021 as follows:

1. The part to be corrected
   Figures in the columns of "After" and "Increase/Decrease" in "3. Balance of interest‐bearing debt after the debt financing" on page 2
2. The details of the corrections
   The corrections are underlined as follows.

								(Units: millions of JPY)
			Before		After		Increase/Decrease
	Short‐term loans payable	18,000	18,000	±0
	Long‐term loans payable	25,000	25,000	±0
	(Variable interest rate)
	Long‐term loans payable	335,500	335,500	±0
	(Fixed interest rate)
	Total loans		376,500			376,500			±0
	Investment corporation bonds	42,993	42,993	±0
	Total		42,993			42,993			±0
	investment corporation bonds
	Total interest‐bearing debt		419,493			419,493			±0

								(Units: millions of JPY)
			Before		After		Increase/Decrease
	Short‐term loans payable	18,000		18,000		±0
	Long‐term loans payable	25,000	20,000		‐5,000
	(Variable interest rate)
	Long‐term loans payable	335,500	338,500	+5,000
	(Fixed interest rate)
	Total loans		376,500			376,500			±0
	Investment corporation bonds	42,993		42,993		±0
	Total		42,993			42,993			±0
	investment corporation bonds
	Total interest‐bearing debt		419,493			419,493			±0

This is the English translation of the announcement in Japanese dated April 5, 2021.

No assurance or warranties are given for the completeness or accuracy of this English translation.

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