Mitsubishi Estate Logistics REIT Invests in Green Bond Issuance and Early Debt Repayment

TOKYO, Jul 10 (Pulse News Wire) – Mitsubishi Estate Logistics REIT Investment Corporation (3481.T) announced the issuance of its third unsecured investment trust bond, known as a green bond, totaling ¥2.200 billion. The bond carries an annual interest rate of 1.886%, with repayment scheduled for July 13, 2029.

Proceeds from the bond issue will partially fund early repayments of existing debts, enhancing financial stability through refinancing variable-rate loans. The funds raised will also support the acquisition of environmentally friendly properties, aligning with the company's commitment to ESG activities.

Specific acquisitions include Log Port Osaka Daizuka, MJ Logistic Park Kasugai 1, and MJ Logistic Park Nishinomiya 1, among others, which meet high sustainability standards such as CASBEE certification and ZEB readiness. In addition, the company disclosed early debt repayments totaling ¥2.200 billion, involving national credit cooperative associations and Mitsubishi UFJ Trust Bank.

These actions reflect the firm’s ongoing efforts to optimize its capital structure and improve financial health while adhering to its green finance framework.