Mori Hills REIT Investment : MHR Announces Interest Rates for Borrowings

May 27, 2022

For Translation Purposes Only

Real Estate Investment Fund Issuer:

Mori Hills REIT Investment Corporation

(Securities Code: 3234)

1-12-32 Akasaka, Minato-ku, Tokyo

Hideyuki Isobe, Executive Director

Asset Manager:

Mori Building Investment Management Co., Ltd.

Hideyuki Isobe, President & CEO

Inquiries: Ryosuke Kanazawa

Chief General Manager and

General Manager of Planning Department

TEL: [phone]

MHR Announces Interest Rates for Borrowings

Mori Hills REIT Investment Corporation (hereafter "MHR") determined today the applicable interest rates for the borrowings announced on May 25, 2022 as follows.

	Borrowing	Interest	Scheduled	Repayment
Lender	amount	Method of
rate	drawdown	date	Collateral
(anticipated)	(million	repayment
(Note 1)	date	(Note 2)
	yen)
MUFG Bank,	1,579	0.560%		November	To be
Ltd.		30, 2029	repaid in
			May 31,		full on the	Unsecured/
			2022		principal	Unguaranteed
MUFG Bank,	800	0.600%		May 31,	repayment
Ltd.		2030	date

(Note 1) The first payment date shall be the last day of November 2022 and subsequent payment dates shall be the last day of May and November every year thereafter. The last payment date shall be the principal repayment date. If the date is not a business day, the next business day shall be the date and if this next business day falls into the following month, the business day prior shall be the payment date.

(Note 2) If the repayment date is not a business day, the next business day shall be the repayment date. If this next business day falls into the following month, the business day prior shall be the repayment date.

MHR's website address is https://www.mori-hills-reit.co.jp/en/