June 23, 2022

For Immediate Release

Real Estate Investment Trust Securities Issuer:

Mitsui Fudosan Logistics Park Inc.

(Securities Code: 3471)

6-8-7 Ginza, Chuo-ku, Tokyo 104-0061

Representative: Hiroshi Asai, Executive Director

Asset Management Company:

Mitsui Fudosan Logistics REIT Management Co., Ltd.

Representative: Yukio Yoshida, President and Chief

Executive Officer

Inquiries: Tatsu Makino, Managing Director and Chief

Financial Officer

Tel. +81-3-6327-5160

Notice Concerning Borrowing of Funds and Repayment of Borrowing

Mitsui Fudosan Logistics Park Inc. ("MFLP-REIT") today resolved on a debt financing (the "Borrowing") and a repayment of borrowing (the "Repayment") hereby announces as follows:

I. Borrowing

1. Details of Borrowing

Amount

Borrowing

Repayment

Repayment method,

Lender

(million

Interest rate(*)

date

date

Collateral etc.

yen)

Sumitomo Mitsui Trust

Base rate

July 4,

August 4,

Bullet repayment,

1,300

Unsecured and non-

Bank, Limited

+0.05%

2022

2022

guaranteed

The Bank of Fukuoka,

Base rate

July 4,

August 4,

Bullet repayment,

1,300

Unsecured and non-

Ltd.

+0.05%

2022

2022

guaranteed

Total of borrowing

2,600

-

-

-

-

(Note) The interest payment date is the repayment date. The base interest rate is the JBA one-month Japanese Yen TIBOR published by JBA. The JBA Japanese yen TIBOR can be found on the website of the JBA TIBOR Administration (http://www.jbatibor.or.jp/english/rate/).

2. Reason for Borrowing

Funds are to be allocated to the repayment of borrowings as detailed in "II. Repayment" below.

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3. Amount, specific use of proceeds and expected date of expenditure of funds to be procured

  1. Amount of funds to be procured

¥2,600 million

(2) Specific use of proceeds of funds to be procured

Funds are to be allocated to the repayment of borrowings as detailed in "II. Repayment" below.

    1. Expected date of expenditure July 4, 2022
  1. Repayment

Lender

Amount

Borrowing date

Repayment date

(million yen)

Sumitomo Mitsui Trust Bank,

1,500

June 2, 2022

July 4, 2022

Limited

The Bank of Fukuoka,

1,500

June 2, 2022

July 4, 2022

Ltd.

  1. In addition to the borrowing amount of ¥ 2,600million stated in "I. Borrowing", we plan to allocate ¥ 400 million of cash on hand at the MFLP-REIT.

III.Status of the borrowings after execution of Borrowing

(Unit: millions of yen)

Prior to execution

After execution

Change

Short-term borrowing(*)

5,600

5,200

▲400

Long-term borrowing(*)

115,700

115,700

0

Total borrowing

121,300

120,900

▲400

Investment corporation bonds

3,000

3,000

0

Total of borrowing and

124,300

123,900

▲400

investment corporation bonds

(Note) "Short-term borrowing" refers to borrowing with a maturity of one year or less from the borrowing date. "Long-term borrowing" refers to borrowing with a maturity of more than one year from the borrowing date.

Ⅳ. Other

Concerning the risks of the Borrowing and the Repayment, there are no material changes in the details of risks as described in "Part I Fund Information / 1. Overview of Fund / 3. Investment Risks" of the Securities Report submitted on April 26, 2022.

We did not publish an English version of the Securities Report.

End

*MFLP-REIT's corporate website: https://www.mflp-r.co.jp/en/

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Mitsui Fudosan Logistics Park Inc. published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 08:24:08 UTC.