Mitsui Fudosan Logistics Park : Notice Concerning Borrowing of Funds

April 12, 2022

For Immediate Release

Real Estate Investment Trust Securities Issuer:

Mitsui Fudosan Logistics Park Inc. (Securities Code: 3471) 6-8-7 Ginza, Chuo-ku, Tokyo 104-0061

Representative: Hiroshi Asai, Executive Director

Asset Management Company:

Mitsui Fudosan Logistics REIT Management Co., Ltd.

Representative: Yukio Yoshida, President and Chief Executive

Officer

Inquiries: Tatsu Makino, Managing Director and Chief Financial

Officer

Tel. [phone]

Notice Concerning Borrowing of Funds

Mitsui Fudosan Logistics Park Inc. ("MFLP-REIT") today announced a decision to execute a debt financing (the "Borrowing").

I. Borrowing

1. Details of Borrowing

Lender	Amount (million yen)	Interest rate	Borrowing date	Repayment date	Repayment method, Collateral etc.
Mizuho Bank, Ltd.	4,600	Base rate +0.035% (*)	April 19, 2022	May 19, 2022	Bullet repayment, Unsecured and non-guaranteed

(*) The interest payment date is the repayment date. The base interest rate is the JBA one-month Japanese Yen TIBOR published by JBA TIBOR Administration two business days prior to the borrowing date.

The JBA Japanese yen TIBOR can be found on the website of the JBA TIBOR Administration(http://www.jbatibor.or.jp/english/rate/).

• 2. Reason for Borrowing

  Funds are to be allocated for payment of distributions for the 11th fiscal period of MFLP-REIT.

• 3. Amount, Specific use of proceeds and Expected date of expenditure of funds to be procured

  • (1) Amount of funds to be procured ¥ 4,600 million

  • (2) Specific use of proceeds of funds to be procured

    Funds are to be allocated to the payment of distributions for the 11th fiscal period of MFLP-REIT.

  • (3) Expected date of expenditure

    April 21, 2022

II. Status of the borrowings after execution of Borrowing

(Unit: millions of yen)

Prior to execution	After execution	Change
Short-term borrowings(*)	4,000	8,600	4,600
Long-term borrowings(*)	115,700	115,700	0
Total borrowings	119,700	124,300	4,600
Investment corporation bonds	3,000	3,000	0
Total of borrowings and investment corporation bonds	122,700	127,300	4,600

(*) "Short-term borrowings" refers to borrowings with a maturity of one or less year. "Long-term borrowings" refers to borrowings with a maturity of more than one year.

Ⅲ. Other

Concerning the risks of the Borrowing, there are no material changes in the details of risks as described in "Part II Reference information / 2. Information supplementary to reference documents / 4. Investment Risks" of the Securities Registration Statement submitted on January 11, 2022.

We did not publish an English version of the Securities Registration Statement.

End

*MFLP-REIT's corporate website:https://www.mflp-r.co.jp/en/