September 26, 2025
FOR IMMEDIATE RELEASE
Activia Properties Inc. |
21-1, Dogenzaka 1-chome, Shibuya-ku, Tokyo |
Manabu Kamikawara Executive Director |
(Code: 3279) |
Asset Management Company |
TLC REIT Management Inc. |
Akira Kubo President & CEO |
Inquiries |
Manabu Kamikawara |
Chief Division Officer and General Manager of Strategy Department Activia Management Division |
(Tel: +81-3-6455-3377) |
Notice Concerning Commitment Line Agreement
Activia Properties Inc. ("API") announces that it decided today to execute a commitment line agreement. Details are as follows:
Reasons for establishment
API newly entered into the commitment line agreement to secure flexible and stable financing for the future potential acquisition of properties.
The commitment line agreement was established since the existing ¥9 billion commitment line agreement with Sumitomo Mitsui Trust Bank, Limited, Mizuho Bank, Ltd., and MUFG Bank, Ltd. will be terminated on September 30, 2025. Besides this commitment line agreement, API has already established a ¥12 billion commitment line agreement with Sumitomo Mitsui Trust Bank, Limited, Mizuho Bank, Ltd., and MUFG Bank, Ltd. As a whole, the total limit for the commitment line became ¥21 billion.
Details of commitment line agreement
(1) Counterparties
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd. MUFG Bank, Ltd.
(2) Limit for the commitment line
¥9 billion (¥3 billion for each bank)
(3) Date of the agreement
September 26, 2025
(4) Term of the agreement
October 1, 2025 to September 30, 2026
(5) Security and guarantee
Unsecured and unguaranteed
Other
Regarding the risks related to the establishment of the commitment line agreement, there are no significant changes in the "Investment Risk" section of the securities report submitted on August 27, 2025, in relation to the risks related to the agreement.
*Website of API: https://www.activia-reit.co.jp/en/