Kenedix Residential Next Investment Corporation announced its decision to undertake debt financing (for a total of JPY 1,300 million) (the Borrowings). The details are provided as follows. Series 74-1, Lender: The 77 Bank Ltd. Amount JPY 800 million.

Contract date: January 11, 2023. Drawdown date January 13, 2023. Principal payment date January 31, 2027.

Collateral repayment method: Unsecured, unguaranteed/repayment of principal in full on maturity date. Series 74-2, Lender: Daishi Hokuetsu Bank Ltd. Amount JPY 500 million. Contract date: January 11, 2023.

Drawdown date January 13, 2023. Principal payment date January 31, 2027. Collateral repayment method: Unsecured, unguaranteed/repayment of principal in full on maturity date.

The proceeds of the Borrowings will be applied to the portion of the acquisition of trust beneficiary interest in real estate (T-107: KDX Residence Oyamadai) described in "Notice Concerning Acquisition of Properties (Total of 2 Residential Properties and 5 Healthcare Facilities) and Sale of Property (KDX Residence Higashi-sakura II) announced on November 28, 2022.