Nippon Building Fund Inc. ("NBF") provides notice that the following was decided as of January 5, 2021 concerning a long-term borrowings: Total amount to be borrowed is ¥102 billion. Specific use of proceeds: Partially funding of acquisition of assets as announced by the "Notice of Acquisition and Disposition of Assets (Acquisition of Shinjuku Mitsui Building and Gran Tokyo South Tower)" dated October 9, 2020. Expected date of expenditure is January, 2021. There is no change to the content of "Investment Risks" of the Securities Report submitted on September 29, 2020 with respect to the risks involved in repayment etc. of the current debt financing. The company has borrowed ¥5 billion from Mizuho Bank Ltd. at 0.425% interest rate; ¥20 billion at 0.450% interest rate; Sumitomo Mitsui Banking Corporation at 0.450% interest rate; ¥10 billion Mizuho Bank Ltd. at 0.450% interest rate; ¥5 billion MUFG Bank Ltd. at 0.450% interest rate; ¥5 billion Shinkin Central Bank at 0.450% interest rate; ¥3 billion Development Bank of Japan Inc. at 0.450% interest rate; ¥1 billion Shinsei Bank, Limited at 0.450% interest rate; ¥5 billion SUMITOMO LIFE INSURANCE COMPANY at 0.500% interest rate; ¥1 billion Yamaguchi Bank,Ltd. at 0.500% interest rate; and ¥5 billion SUMITOMO LIFE INSURANCE COMPANY at 0.700% interest rate. The expected Date of Implementation is January 7, 2021.