Heiwa Real Estate REIT : Notice Concerning of Early Repayment of Loan

September 26, 2023

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: Junichi Kawamura, Managing Officer and General Manager of Planning & Finance Department TEL. [phone]

Notice Concerning of Early Repayment of Loan

HEIWA REAL ESTATE REIT, Inc. (the "Investment Corporation") announced today the following decision to make

repayment for the loan before its due date as described below.

		Details
1. Details of the early repayment
(1) Loan for early repayment
Term Loan 71 Tranche A
	Lender	Sumitomo Mitsui Banking Corporation
	Loan balance	100 million yen
	Early repayment amount	100 million yen
	Loan balance after repayment	0 yen
	Drawdown date	May 31, 2023
	Principal repayment date	May 31, 2024

1. Scheduled date of early repayment: October 31, 2023
2. Funds for repayment: Cash on hand or borrowings

2. Status of interest-bearing liabilities after the early repayment of loan.

(Unit: million yen, fractions of 1 unit have been rounded off)

		Before early repayment	After early repayment	Change
		of loan	of loan
	Short-term loans	1,100	1,000	-100
	Long-term loans due	11,285	11,285	-
	within 1 year
	Long-term borrowing	91,252	91,252	-
	Total loans	103,637	103,537	-100
	Investment corporation bonds	8,900	8,900	-

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Total interest-bearing debt

112,537

112,437

-100

3. Other

The risks associated with the early repayment of loan as described above do not change from those detailed in "Investment Risks" in the periodic securities report (yuka shoken hokokusho) for the fiscal period ended May 2023 (43rd Fiscal Period), which was submitted on August 29, 2023.

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

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