Source disclosure: February 26, 2026, 15:30 JST
Mitsubishi Estate Logistics REIT Investment Corporation [3481.T]
TOKYO, Feb 26 (Pulse News Wire) -- Mitsubishi Estate Logistics REIT Investment Corporation (3481.T), represented by Executive Director Takaya Yokota, has announced today that it has decided on a new borrowing arrangement. The company will borrow ¥1 billion from Sumitomo Mitsui Banking Corporation under variable interest rates starting from February 26, 2026, with an annual rate of TIBOR plus 0.205%. The loan agreement was formalized through a money-lending contract document executed on March 2, 2026, with the principal repayment due on the same day.
The purpose of this borrowing is to refinance a previous loan taken out on March 1, 2022, which also amounted to ¥1 billion and had a fixed interest rate of 0.2200% per annum. This earlier loan matures on March 1, 2026, but since that date falls on a non-business day, the actual repayment date will be deferred to March 2, 2026. Details about the initial borrowing can be found in the announcement dated February 25, 2022, titled “Notice Regarding Borrowing of Funds (Including Green Loans and Sustainability Linked Loans).”
Regarding the risks associated with this borrowing, there have been no changes since the information provided in the securities report submitted on November 27, 2025, specifically within the section detailing fund information and investment risks. Following the execution of this new borrowing, the total outstanding debt remains unchanged at ¥122.349 billion, comprising ¥117.849 billion in loans and ¥4.5 billion in investment trust bonds.
Additional information regarding the company's operations and financials can be accessed through its official website at https://mel-reit.co.jp/.
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