Daiwa House REIT Investment Corp. determined the interest rates for ¥29.50 billion worth of long-term loans, to be executed April 11.

The ¥9.50 billion loan, to be repaid April 30, 2021, will have an interest rate of 0.39628% and will be provided by Sumitomo Mitsui Banking Corp., Sumitomo Mitsui Trust Bank Ltd., Mizuho Bank Ltd., The Bank of Tokyo-Mitsubishi UFJ Ltd., The Norinchukin Bank and Nippon Life Insurance Co.

The ¥10.00 billion loan, to be repaid April 30, 2026, will carry an interest rate of 0.75620%. Lenders include Sumitomo Mitsui Banking Corp., Mizuho Bank Ltd., The Bank of Tokyo-Mitsubishi UFJ Ltd., Sumitomo Mitsui Trust Bank Ltd., Resona Bank Ltd., Mitsubishi UFJ Trust and Banking Corp., Mizuho Trust & Banking Co. Ltd., Shinsei Bank Ltd., and The Bank of Fukuoka Ltd.

Lastly, the applicable interest rate for a further ¥10.00 billion loan, repayable April 28, 2028, will be 1.02357%. The funds will come from Sumitomo Mitsui Banking Corp., The Bank of Tokyo-Mitsubishi UFJ Ltd., Sumitomo Mitsui Trust Bank Ltd., Mizuho Bank Ltd., Mitsubishi UFJ Trust and Banking Corp., and Mizuho Trust & Banking Co. Ltd.

As of April 6, US$1 was equivalent to ¥110.89.