Mitsubishi Estate Logistics REIT Investment : Notice Concerning Debt Financing (Including Green Loan)

Sept. 10, 2021

For Immediate Release

Real Estate Investment Trust Securities Issuer

1-6-5 Marunouchi, Chiyoda-ku, Tokyo

Mitsubishi Estate Logistics REIT Investment Corporation

Representative: Ken Takanashi, Executive Director

(Securities Code: 3481)

Asset Management Company

Mitsubishi Jisho Investment Advisors, Inc.

Representative:	Haruhiko Araki, President & CEO
Contact:	Ken Takanashi, Director, General Manager,
	Logistics REIT Management Department
	TEL: [phone]

Notice Concerning Debt Financing (Including Green Loan)

Mitsubishi Estate Logistics REIT Investment Corporation ("MEL") announces today its decision to obtain debt financing (the "Borrowings"), as outlined below:

1. Details of the Borrowings

Category	Lender	Borrowing	Interest Rate	Borrowing	Borrowing Method	Repayment	Repayment	Collateral
(Note 1)	Amount	(Note 2)	Date	Date	Method
	(Millions of yen)		(Note 3)
	Mizuho Bank, Ltd.		0.3738%		Borrowing based on an	Sept. 14,	Paid in
	(Green Loan)	720		individual term loan
	(fixed rate)		2028	Unsecured
Long-	(Note 4)		Sept. 14,	agreement dated Sept. 10,	full
			and non-
			2021	2021, entered into with		upon
term	Development Bank		0.4400%	Sept. 14,	guaranteed
1,491		the lenders shown	maturity
	of Japan	(fixed rate)		2029
			on the left
Notes:

1. "Long-term"refers to borrowings due within a period longer than one year from the borrowing date. The same shall apply hereinafter.
2. The first interest payment date is Oct. 29, 2021. Thereafter, the interest payment date will be on the last day of Jan., Apr., Jul. and Oct. until and including the repayment date. An interest payment date will be either the following business day if the date falls on a non-business day or the preceding business day if the repayment date would fall in the next calendar month.
3. The repayment date will be the following business day if the date falls on a non-business day or the preceding business day if the date carries over to the next month.
4. The entire amount of the Borrowing from Mizuho Bank, Ltd. will be procured as green loan ("the Green Loan"). The Green Loan will be applied to the repayment of the borrowing required for the acquisition of specified assets (Logicross Fukuoka Hisayama, LOGIPORT Sagamihara, LOGIPORT Hashimoto, MJ Logipark Kazo1) that meet the criteria (Green Eligible Assets) in accordance with the Green Finance Framework formulated by MEL. For details of green finance (including green loans), please refer to the "Green Finance" page on the website of MEL at: https://mel-reit.co.jp/en/esg/greenfinance.html

2. Rationale for the Borrowings

Proceeds from the Borrowings will be applied to the repayment of the following borrowings with a repayment date of Sept. 14, 2021.

		Borrowing				Repayment
Category	Lender	Amount	Interest Rate	Borrowing Date	Repayment Date	Collateral
		(Millions of yen)				Method
Long-	Mizuho Bank, Ltd.	720	0.3263%	Sept. 14,	Sept. 14,	Paid in full	Unsecured
		upon	and non-
Development Bank
term	1,491	(fixed rate)	2017	2021
of Japan	maturity	guaranteed

3. Additional Information for Investors

For the risks associated with the Borrowings, there have been no changes to "I. Fund Information, 1. Fund Status, 3. Investment Risks" stated in the Securities Report filed on May 28, 2021 (Japanese only).

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(Reference)
Outstanding Debt Balance after the Borrowings
					(Unit: Millions of	yen)
			Before	After	Variance
			the Borrowings	the Borrowings
	Short-term Borrowings (Note)		900	900		-
	Long-term Borrowings		56,374	56,374		-
	Total Borrowings		57,274	57,274		-
	Investment Corporation Bonds		2,000	2,000		-
	Total Borrowings and		59,274	59,274		-
	Investment Corporation Bonds

Note: "Short-term" refers to borrowings due within one year from the borrowing date.

For more information about Mitsubishi Estate Logistics REIT Investment Corporation, please visit: https://mel-reit.co.jp/en/

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