Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
For Immediate Release
Real Estate Investment Trust Securities Issuer: Advance Residence Investment Corporation (Securities Code：3269)
April 27, 2026
1-105 Kanda-Jinbocho, Chiyoda-ku, Tokyo Representative: Wataru Higuchi, Executive Director
Asset Management Company:
ITOCHU REIT Management Co., Ltd.
Representative: Junichi Shoji, Representative Director,
President & CEO
Inquiries: Isao Kudo, Managing Executive Officer
(TEL. +81-3-6821-5483)
Notice Concerning Debt Financing and the Execution of Interest Rate Swap AgreementAdvance Residence Investment Corporation (ADR) hereby announces that the interest rate has been determined for the 1,500 million yen fixed-rate portion of the 3,050 million yen long-term loan (Note 1) scheduled to be borrowed on April 30, 2026. Additionally, ADR announced that an interest rate swap agreement has been entered to hedge against the risk of interest rate fluctuation for the 1,550 million yen floating rate of the loan as detailed below.
(Note1) Please refer to the "Notice Concerning Debt Financing, Loan Repayment and Early Repayment" dated April 20, 2026 for details.
Interest rate determination for fixed rate borrowing
Lender
Planned
Drawdown Date
Loan Amount (million yen)
Interest Rate
Principal
Repayment date
Repayment Period
Principal Repayment
Collateral/ Guarantee
SBI Shinsei Bank, Limited
April 30, 2026
1,500
2.45536%
October 31, 2034
8.5 year
Pay in full
on the maturity date
Unsecured Non-guaranteed
Details of Interest Rate Swap Agreement
Loan to be hedged: Long-term loan (1,550 million yen)
Contract date of interest rate swap agreement: April 27, 2026
Counterparty | Notional principal (million yen) | Contract start date | Contract end date | Repaymen t period | Interest rate | |
Pay (Fixed rate) | Receive (Floating-rate) | |||||
Mizuho Bank, Ltd. | 1,550 | April 30, 2026 | April 28, 2033 | 7.0year | 2.51300%(Note 2) | 1 month yen TIBOR(Note 2) |
(Note2) Interest payment dates are May 29, 2026 as the first payment date and thereafter the month-end of each month and the principal repayment date (if such date is not a business day, the next business day; provided that if such day falls in the following month, the immediately preceding business day). By entering into this interest rate swap agreement, the interest rate on the long-term loan (tenor: 7.0 years; 1,550 million yen) will be fixed in substance at 2.67300%.
About Advance Residence Investment Corporation
Advance Residence Investment Corporation is one of the largest J-REITs specializing in residential properties, managed by ITOCHU REIT Management Co., Ltd. (IRM), the asset management company of the ITOCHU Group. It owns rental properties nationwide, primarily in the 23 wards of Tokyo. By leveraging the stability of residential assets and the largest negative goodwill among J-REITs, ADR is expected to provide long-term, stable dividends, making it a highly defensive J-REIT.
"Advance" is the common brand name of the real estate investment corporation managed by ITOCHU REIT Management Co., Ltd.
ADR's website: https://www.adr-reit.com/en/ IRM's website : https://www.itc-rm.co.jp/en/