Nomura Real Estate Master Fund : Notice Concerning Debt Financing (Determination of Loan Interest Rate)

[For Translation Purposes Only]

January 24, 2022

For Immediate Release

To Whom It May Concern

Nomura Real Estate Master Fund, Inc.

Securities Code: 3462

Shuhei Yoshida, Executive Director

Asset Management Company:

Nomura Real Estate Asset Management Co., Ltd.

Koki Miura, President & Chief Executive Officer

Inquiries:

Hiroshi Ishigooka

Executive Officer

Head of NMF Investment Management Group

TEL [phone]

Notice Concerning Debt Financing (Determination of Loan Interest Rate)

Nomura Real Estate Master Fund, Inc. ("NMF" or the "Fund") announced the interest rate of the following loan announced in "Notice Concerning Debt Financing" on January 17, 2022 (the "Debt Financing"), has been determined. Details are as follows.

1. Determination of Loan Interest Rate

Loan Type：Term Loan (Contract date: January 24, 2022)

	Amount		Drawdown		Repayment	Terms of
Lenders	(millions	Interest Rate	Term	Collateral
Date	Date(Note1)	Repayment
	of yen)
						Lump-sum
Sumitomo Mitsui Banking	3,500	Fixed	January 26,	9 years	November 26,	repayment	Unsecured,
Corporation	0.73988%	2022	and 10	2031	on the	unguaranteed
	(Note2)	months	repayment
						date

(Note 1) Repayment Date is the following business day if the date is a non-business day, or the prior business day if the following business date is in the next month.

(Note 2) The interest payment dates are the 26th of every February, May, August and November beginning February 26, 2022, until the Repayment Date, as well as the Repayment Date. If any of these days is a non-business day, the interest payment date will be the following business day, or the prior business day if the following business day is in the next month.

2. Other

No significant change has been made to the content of "Section 1 Fund Information / 1 Status of Fund / 3 Investment Risks" of the Securities Report (in Japanese) filed on November 29, 2021 regarding the risk involved in the Debt Financing.

* URL: https://www.nre-mf.co.jp/en/

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