Mori Hills REIT Investment Corporation concluded the following borrowings. Purpose of Borrowings To be used as a portion of the refinancing of JPY 6,500 million in long-term loans payable due November 30, 2021. Lenders are Purpose of Borrowings Sumitomo Mitsui Trust Bank, Limited, MUFG Bank Ltd. Sumitomo Mitsui Banking Corporation and Mizuho Bank Ltd. Amount of funds to be procured: JPY 5,000 million. Scheduled payment period is November 30, 2021.