NTT UD REIT Investment Corporation announced the decision made at its board of directors' meeting on March 8, 2024 to borrow funds. A portion of the Debt Finance will be Green Loans that will be executed based on the Green Finance Framework established by NUD. The JPY 18,900 million of the funds to be procured will be allocated to cash on hand, which decreased due to the repayment of long-term loans of JPY 750 million, which were due on February 29, 2024, and to the acquisition funds for Granpark, which is scheduled to be acquired on March 14, 2024, and Garden Itabashi Hikawacho, which is scheduled to be acquired on March 22, 2024.

The Debt Finance involves the borrowing of ten term loans (JPY 2,000 million in a short-term loan/JPY 16,900 million in long-term loans/a total borrowing amount of JPY 18,900 million). The company has borrowed ¥750 million from Aozora Bank Ltd. with repayment date of February 28, 2023 for 6 years maturity. The company has borrowed ¥2,000 million from Aozora Bank Ltd. with repayment date of February 28, 2023 for 6 years maturity.

The company has borrowed ¥2,000 million from Mizuho Bank Ltd. with repayment date of February 28, 2025 for 1 year maturity and Floating rate: Base interest rate + 0.12. The company has borrowed ¥2,500 million from Sumitomo Mitsui Trust Bank, Limited with repayment date of August 31, 2026 for 2.5 years maturity. The company has borrowed ¥2,200 million from Sumitomo Mitsui Trust Bank, Limited with repayment date of August 31, 2027 for 3.5 years maturity.

The company has borrowed ¥2,000 million from MUFG Bank Ltd. with repayment date of August 31, 2029 for 5.5 years maturity. The company has borrowed ¥1,500 million from MUFG Bank Ltd. with repayment date of August 30, 2030 for 6.5 years maturity. The company has borrowed ¥2,500 million from MUFG Bank Ltd. with repayment date of February 28, 2031 for 7.0 years maturity.

The company has borrowed ¥2,500 million from Sumitomo Mitsui Banking Corporation with repayment date of February 27, 2032 for 8.0 years maturity. The company has borrowed ¥2,500 million from NTT TC Leasing Co. Ltd. with repayment date of February 29, 2028 for 4.0 years maturity.

The company has borrowed ¥450 million from Mizuho Bank Ltd. with repayment date of February 28, 2031 for 7.0 years maturity.