Nomura Real Estate Master Fund, Inc. announced the interest rate of the following loan announced in "Notice Concerning Debt Financing" on July 13, 2021 (the "Debt Financing"), has been determined. Lender: Mizuho Bank Ltd., amount= JPY 1,430 million, interest rate: fixed 0.45862%; drawdown date is July 26, 2021, term: 8 years and 10 months, repayment date is May 26, 2030, team of repayment: Lump-sum repayment on the repayment date, and collateral: Unsecured unguaranteed. Lender: Sumitomo Mitsui Banking Corporation, amount= JPY 2,750 million, interest rate: fixed 0.50226%; drawdown date is July 26, 2021, term: 9 years and 7 months, repayment date is February 26, 2031, team of repayment: Lump-sum repayment on the repayment date, and collateral: Unsecured unguaranteed.