Global One Real Estate Investment: GOR Announces Obtaining Debt Financing

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Press release

November 17, 2022

REIT Issuer:

Global One Real Estate Investment Corp.

Value code: 8958

Representative: Akio Uchida, Executive Director

Asset Manager:

Global Alliance Realty Co., Ltd.

Representative: Kazunori Yamauchi, President

Contact: Gen Yamazaki

General director

REIT Finance Department

Tel: +81-3-3262-1494

GOR Announces Secured Debt Funding

November 17, 2022 – Global One Real Estate Investment Corp. (“GOR”) announces today that it has decided to

obtain debt financing as follows.

1. Reason for Debt Financing

GOR today decided to take out loans for a total of 2,400 million yen to cover the acquisition of THE PEAK SAPPORO and Tomatsu Building.

The acquisition of THE PEAK SAPPORO and Tomatsu Building was announced in press releases dated October 24, 2022 entitled “GOR Announces Acquisition and Transfer of Properties (Acquisition of THE PEAK SAPPORO and Transfer of Otemachi First Square)” and “GOR Announces Acquisition and Leasing of a Property (Tomatsu Building)” of today’s date.

2. Debt Financing Overview Short Term Loan

Amount of the loan

Interest rate

Sampling

Collateral/

Lenders

Due date

Repayment

(million yen)

(%)

Date

method

Bank prime rate

(JBA 1 month

December 7

Not guaranteed (*2)

japanese yen

MUFG Bank, Ltd.

2,400

2022

September 26

/Refund in

TIBOR) +

(Program)

2023

full at maturity

0.14% (*1)

(Floating rate)

(*1) Interest will be paid at the end of each month and the first interest payment date is the end of December 2022. (Partial) repayment of principal is allowed on the interest payment date. The base interest rate applicable to the interest calculation period payable on each interest payment date shall be JBA 1 month of Japanese yen TIBOR from two business days prior to the preceding interest payment date. JBA 1 month Japanese yen TIBOR is displayed on the General Incorporated Association JBA TIBOR Administration website (http://www.jbatibor.or.jp/english/rate/)

(*2) Under certain conditions, the loan may be secured by beneficial interests of real estate trusts, etc. held by the GOR.

Note: This press release has been prepared as a public announcement regarding obtaining debt financing and has not been prepared for the purpose of soliciting investment. Investors should ensure that they have read the prospectus for the issue of new investment units and the secondary offering of investment units, together with the amendments thereto (if any), prepared by GOR before investing and that they make investment decisions at their or their own discretion and responsibility.

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3. Interest-bearing debt before and after debt financing

The amounts of interest-bearing debt before and after the subject debt financing are shown in the table below.

(yen in millions)

Before

After

Net change

debt financing

debt financing

(A)

(B)

(BA)

Short-term loans

2,400

2,400

Long-term borrowings

75,500

75,500

Corporate bonds

18,700

18,700

Total interest-bearing debt

94,200

96,600

2,400

4. Others

The risks associated with the debt financing in question (repayments, etc.) will not modify the “investment risks” of the GOR, as detailed in the GOR’s securities report submitted on June 29, 2022 and the declaration of securities registration submitted today.

About GOR:

Global One Real Estate Investment Corporation (“GOR”) is a Japanese real estate investment trust (J-REIT) listed on the Tokyo Stock Exchange (TSE: 8958) with the ultimate goal of seeking maximum returns for unitholders. GOR carefully selects prime properties in prime locations with an eye to “strong and sustainable market competitiveness”. The three key watchwords in property selection are: (1) CLOSER – easily accessible from nearby stations; (2) MORE RECENT – newly or recently built; and (3) BIGGER – large office buildings with large office spaces.

For more information on GOR, please visit: https://www.go-reit.co.jp/en/

Note: This document is the English version of the “Press Release” written in Japanese. The English version is understood as a translation of the Japanese version and is provided as a convenience to investors who prefer to use English. This document, containing forward-looking statements, is not intended to be a solicitation of any particular investment transaction. Investors should consult their own investment advisors regarding the suitability of investing in any of the securities or investment strategies.

Note: This press release has been prepared as a public announcement regarding obtaining debt financing and has not been prepared for the purpose of soliciting investment. Investors should ensure that they have read the prospectus for the issue of new investment units and the secondary offering of investment units, together with the amendments thereto (if any), prepared by GOR before investing and that they make investment decisions at their or their own discretion and responsibility.

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