Mitsui Fudosan Logistics Park : Notice Concerning Borrowing of Funds and Repayment of Borrowing

March 29, 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 and Repayment of Borrowing

Mitsui Fudosan Logistics Park Inc. ("MFLP-REIT") today resolved on a debt financing (the "Borrowing") and a repayment of borrowing (the "Repayment") hereby announces as follows:

I. Borrowing

1. Details of Borrowing

Lender	Amount (million yen)	Interest rate(*)	Borrowing date	Repayment date	Repayment method, Collateral etc.
MUFG Bank, Ltd.	500	0.2975%	March 31, 2022	March 31, 2026	Bullet repayment, Unsecured and non-guaranteed

(Note) Interest rate is fixed until the repayment date. The first interest payment date is the last day of July 2022, and thereafter the interest payment date will be the last day of January and July until and including the repayment date. (If each interest payment date is not a business day, such interest payment date shall be on the next business day. Provided, however, that such interest payment date shall be on the preceding business day if such next business day falls into the next month.)

2. Reason for Borrowing

Funds are to be allocated to the repayment of borrowings as detailed in "II. Repayment" below.

3. Amount, specific use of proceeds and expected date of expenditure of funds to be procured

• (1) Amount of funds to be procured ¥500 million

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

  Funds are to be allocated to the repayment of borrowings as detailed in "II. Repayment" below.

• (3) Expected date of expenditure

  March 31, 2022

II. Repayment

Lender	Amount (million yen)	Borrowing date	Repayment date
MUFG Bank, Ltd.	800	March 15, 2018	March 31, 2022

(Note) For the amount of 800 million yen to be repaid to MUFG Bank, Ltd. in addition to the borrowing amount of 500 million yen stated in "I.

Borrowing", we plan to allocate 300 million yen of cash on hand at the MFLP-REIT.

III.Status of the borrowings after execution of Borrowing

(Unit: millions of yen)

Prior to execution	After execution	Change
Short-term borrowing(*)	4,000	4,000	0
Long-term borrowing(*)	116,000	115,700	▲300
Total borrowing	120,000	119,700	▲300
Investment corporation bonds	3,000	3,000	0
Total of borrowing and investment corporation bonds	123,000	122,700	▲300

(Note) "Short-term borrowing" refers to borrowing with a maturity of one year or less from the borrowing date. "Long-term borrowing" refers to borrowing with a maturity of more than one year from the borrowing date.

Ⅳ. 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/