Heiwa Real Estate REIT : Notice Concerning Borrowing of Funds (Interest Rate Settlement)

May 29, 2024

For Immediate Release

REIT Issuer

HEIWA REAL ESTATE REIT, Inc.

5-1 Nihonbashi Kabuto-cho,Chuo-ku, Tokyo

Aya Motomura, Executive Director

(Securities Code: 8966)

Asset Management Company

HEIWA REAL ESTATE Asset Management CO., LTD.

Masanori Hirano, Representative Director, President and Chief Executive Officer

Inquiries: Naomi Kawasaki, General Manager of Planning & Finance Department

TEL. [phone]

Notice Concerning Borrowing of Funds (Interest Rate Settlement)

HEIWA REAL ESTATE REIT, Inc. (the "Investment Corporation") announced today that the interest rate for funds borrowed as announced in the press release "Notice Concerning Borrowing of Funds and Repayment of Loans" on May 23, 2024 has been settled as follows.

Details

1. Details of Borrowing of Funds (Interest Rate)

(1) Term Loan 75 Tranche B

Lender	Loan Amount	Interest Rate	Drawdown Date	Principal Repayment
Date
MUFG Bank, Ltd.	225 million yen	Fixed interest rate	May 31, 2024	November 30, 2028
1.13886%

(2) Term Loan 75 Tranche D

Lender	Loan Amount	Interest Rate	Drawdown Date	Principal Repayment
Date
MUFG Bank, Ltd.	2,000 million yen	Fixed interest rate	May 31, 2024	May 30, 2031
1.49000%

2. Other

The risks associated with the borrowing of funds as described above do not change from those detailed in "Investment Risks" in the securities registration statement, which was submitted on May 20, 2024 and the periodic securities report (yuka shoken hokokusho), which was submitted on February 29, 2024.

* Investment Corporation Website: https://www.heiwa-re.co.jp/en/