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:
March 19, 2026
Advance Residence Investment Corporation (Securities Code：3269)
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 the Execution of Interest Rate Swap AgreementsAdvance Residence Investment Corporation (ADR) announced today its decision to enter into interest rate swap agreements as detailed below.
Purpose for entering into interest rate swap agreements
To hedge the risk of interest rate fluctuations in respect of 500 million yen (floating-rate) long-term loan (Note 1)
scheduled to be borrowed on March 24, 2026.
(Note1) Please refer to the "Notice Concerning Debt Financing and Repayment of Loan" dated March 12, 2026 for details.
Details of interest rate swap agreements
Loan to be hedged: Long-term loan (total:500 million yen)
Counterparty
Notional principal (million yen)
Contract start date
Contract end date
Repayment period
Interest rate
Pay (Fixed rate)
Receive (Floating-rate)
Mizuho Bank, Ltd.
500
March 24, 2026
September 30, 2033
7.5 year
2.47900%(Note2)
1 month yen TIBOR (Note2)
(Note2) Interest payment dates are April 30, 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: 7.5 years; 500 million yen) will be fixed in substance at 2.62900%.
Contract date of interest rate swap agreements March 19, 2026
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 reserve 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/