Kenedix Residential Next Investment Corporation announced the decision regarding debt financing (total of ¥840 million) and execution of interest rate swap agreement. The borrowing above mentioned shall be used to apply the funds toward a payment for the acquisition of trust beneficiary interest in real estate (T-92: KDX Residence Ichikawa) stated "Notice Concerning Acquisition of Properties (KDX Residence Ichikawa)" announced on August 25, 2020 and associated costs thereof. Reason for Executing the Interest Rate Swap Agreement: For a hedge against possible increases in future interest rate for series 46 with floating interest rate. The interest payment is due at the end of December 2020, and on the last day of every three months thereafter with termination date. (If each payment day is a non-business day, then the payment will be due on the next business day and if the next business day is in the next month, then the previous business day will be applied.