September 27, 2021

For Immediate Release

Real Estate Investment Trust Securities Issuer:

Comforia Residential REIT, Inc

21-1 Dogenzaka 1-chome,Shibuya-ku,Tokyo

Takehiro Izawa

Executive Director

(Code: 3282)

Asset Management Company:

TLC REIT Management Inc.

Masaoki Kanematsu

President & CEO

Inquiries:

Daisuke Kawauchi

General Manager of Strategy Department

Comforia Management Division

(TEL: +81-3-6455-3388)

Notice Concerning Execution of Commitment Line Agreement

Comforia Residential REIT, Inc ("CRR") announces that it decided today to execute a Commitment Line Agreement. Details are as follows:

1Reasons for concluding commitment line agreement

CRR decided to enter into the ¥13,500 million commitment line with Mizuho Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, and MUFG Bank, Ltd. to secure flexible and stable financing for the future potential acquisition of properties and other purposes.

The commitment line agreement was established since the existing ¥13,500 million commitment line agreement with Mizuho Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, and MUFG Bank, Ltd. will be terminated on September 28, 2021.

2Details of commitment line agreement

Counterparties

Mizuho Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited,

MUFG Bank, Ltd.

Amount of Borrowing Limit

13,500 million yen

Date of the agreement

September 27, 2021

Term of the agreement

September 29, 2021 to September 28, 2022

Security and guarantee

Unsecured and unguaranteed

*Website of CRR: https://www.comforia-reit.co.jp/en/

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Disclaimer

Comforia Residential REIT Inc. published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 06:01:09 UTC.