Nomura Real Estate Master Fund, Inc. announced the interest rate of the following loan announced in "Notice Concerning Debt Financing" on March 2, 2020 (the "Debt Financing"), has been determined. Details are as follows. Lenders: Mitsui Sumitomo Insurance Company, Limited - Amount: ¥300 million - Interest Rate: Fixed: 0.16205% - Drawdown Date: March 10, 2020 - Term: 7 years - Repayment Date: February 26, 2027 - Terms of Repayment: Lump-sum repayment on the repayment date - Collateral: Unsecured, unguaranteed. Lenders: Sumitomo Mitsui Banking Corporation - Amount: ¥600 million - Interest Rate: Fixed: 0.40915% - Drawdown Date: March 10, 2020 - Term: 10 years - Repayment Date: February 26, 2030 - Terms of Repayment: Lump-sum repayment on the repayment date - Collateral: Unsecured, unguaranteed.