Mitsubishi Estate Logistics REIT asset, Logicross Nagoya Minato. (Photo: Mitsubishi Estate Logistics REIT)

Mitsubishi Estate Logistics REIT Investment Corporation (MEL) has arranged JPY1.21 billion in new long-term borrowings, including a green loan, to refinance debt maturing on 14 September 2026, the REIT announced on 10 September 2026.

Under the arrangement, MUFG Bank, Ltd. will lend JPY0.71 billion and SBI Shinsei Bank, Limited will lend JPY0.50 billion, both at a floating base interest rate plus 0.2650%.

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By Rachel Young

Rachel Young is a staff writer for REITsWeek and is based in Singapore. She focuses on REITs listed in the North American and European markets but occasionally covers REITs in the Asia-Pacific region.