May 24, 2010
To whom it may concern:<Investment Corporation>
Japan Real Estate Investment Corporation
Taketo Yamazaki, Executive Director(TSE code: 8952)<Asset Management Company>
Japan Real Estate Asset Management Co., Ltd.
Hiroshi Katayama, CEO & President
Contact: Toru Kimura, General Manager, Planning Department
Phone: +81-3-3211-7921

Notice of Completion of Extension toRyoshin Ginza East Mirror Building
Announcement is hereby made that the extension to Ryoshin Ginza East Mirror Building was completed
and delivered, as described below, according to the Ryoshin Ginza East Mirror Building extension planannounced by Japan Real Estate Investment Corporation (the “Company”) on June 12, 2008 and July 31,
2009.

1. Completion and delivery date:
May 24, 2010
2. Total project cost :¥ 2,645,922 thousand (Note 1)
3. Outline (after extension) :(1) Site area (Note 2):
864.91 m2 (Before extension : 615.25 m2)(2) Floor area of building (Note2):
5,889.47 m2 (Before extension: 4,104.71 m2)(3) Standard floor area (for rental
377 m2)577 m2 (Before extension:floor space) (Note2):(4) Leasable space (Note2):
4,278 m2 (Before extension:2,875 m2)(5) Acquisition price (Note3):¥7,999,422 thousand (Before extension: ¥5,353,500 thousand)(Note 1) The figure includes the acquisition cost of land and a building (Maruden Bldg.) locatednext to Ryoshin Ginza East Mirror Building, the demolition cost of Maruden Bldg., andthe amount of extension building work costs, excluding overhead costs such as brokeragecommission, etc.
<Reference> Estimated project cost : ¥2,723 million (as of June 12, 2008)(Note 2) The information on site area is derived from the land registry.
The information on floor area of building, standard floor area (for rental floor space) andleasable space is derived from the application for building confirmation.
(Note 3) The acquisition price of the building as extended was calculated by adding¥2,645, 922 thousand under “2. Total project cost ” abovementioned to¥5,353,500 thousand, the acquisition price of Ryoshin Ginza East Mirror Building as ofMarch 15, 2005.

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Reference materials (attachments)• Photo: Outside view of Ryoshin Ginza East Mirror Building with extension as completed• List of all the assets of the Company after the delivery of this asset

This notice is the English translation of the announcement in Japanese dated May 24, 2010 on our website.
However, no assurance or warranties are given for the completeness or accuracy of this English
translation.

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(Reference) Photo: Outside view of Ryoshin Ginza East Mirror Building with extension as completed

Before extension
Extension as completed3

List of all the assets of the Company after the delivery of this asset
Area

NameGenki Medical Plaza
Kitanomaru Square
MD Kanda Building
Kandabashi Park Building
Nibancho GardenMitsubishi UFJ Trust and Banking
Building
Burex Kojimachi Building
Sanno Grand Building

Chiyoda-ku,
Tokyo
Chiyoda-ku,
Tokyo
Chiyoda-ku,
Tokyo
Chiyoda-ku,
Tokyo
Chiyoda-ku,
Tokyo
Chiyoda-ku,
Tokyo
Chiyoda-ku,
Tokyo
Chiyoda-ku,
TokyoType of asset

Acquisition date orscheduled acquisitiondate

Acquisition
price(thousand yen)
(Note1)

Percentage
of portfolio

Real property

October 31, 2002

5,000,000

0.8%Real property

February 24, 2006

81,555,500

12.7%Real property

May 31, 2002

9,520,000

1.5%Real property

August 15, 2002

4,810,000

0.7%Real property

April 1, 2005

14,700,000

2.3%Real property

March 28, 2007

44,700,000

6.9%Real property

July 29, 2005

7,000,000

1.1%January 31, 2005
April 3, 2006
Total

10,200,000

Real property

10,700,000

3.2%Real property

August 1, 2003

7,200,000

1.1%

Kodenmacho Shin-Nihonbashi
Building

Chuo-ku, Tokyo

Trust beneficiaryright in trust ofreal estate

September 25, 2001

3,173,000

0.5%

Burex Kyobashi Building

Chuo-ku, Tokyo

Real property

July 22, 2002

5,250,000

0.8%

Ginza Sanwa Building

Chuo-ku, Tokyo

Real property

March 10, 2005

16,830,000

2.6%

Chuo-ku, Tokyo

Real property

March 15, 2005
May 24, 2010
Total

5,353,500

Ryoshin Ginza East Mirror Building

2,645,922
7,999,422

1.2%

Harumi Center Building

Chuo-ku, Tokyo

Real property

December 18, 2007

26,800,000

4.2%

Aoyama Crystal Building

Minato-ku,
Tokyo

Shiodome Building

Minato-ku,
TokyoShiba 2Chome Daimon Building

Minato-ku,TokyoCosmo Kanasugibashi Building

Minato-ku,
TokyoShinwa Building

Shinjuku-ku,
TokyoReal property

March 14, 2003

7,680,000

1.2%

Trust beneficiaryright in trust ofreal estate
Trust beneficiaryright in trust ofreal estate
Trust beneficiaryright in trust ofreal estate

December 19, 2008
January 15, 2010
Total

21,250,000
54,600,000
75,850,000

11.8%

September 10, 2001

4,859,000

0.8%
75.9%

September 25, 2001

2,808,000

0.4%Real property

September 1, 2004

7,830,000

1.2%

9,350,000
22,426,831
31,776,831

4.9%

Tokyo Opera City Building

Shinjuku-ku,
TokyoReal property

September 13, 2005
March 24, 2010
Total

Takanawadai Building

Shinagawa-ku,
Tokyo

Trust beneficiaryright in trust ofreal estate

September 25, 2001

2,738,000

0.4%

Higashi-Gotanda 1Chome Building

Shinagawa-ku,
TokyoReal property

November 1, 2004

5,500,000

0.9%

Ota-ku, Tokyo

Trust beneficiaryright in trust ofreal estate

September 10, 2001

5,123,000

0.8%Real property

March 24, 2004

6,670,000

1.0%Real property

April 1, 2004

8,700,000

1.4%Real property

November 22, 2002

4,885,0000.8%

Real property

October 9, 2003

12,200,000

1.9%Real property

November 30, 2001

34,600,000

5.4%

3,740,000

Real property

November 14, 2003
April 1, 2004
TotalFebruary 28, 2005

8,500,000

1.3%

September 25, 2001

3,541,0000.5%

September 25, 2001

1,728,000

0.3%

August 2, 2004

4,500,000

0.7%

Omori-Eki Higashiguchi Building
Nippon Brunswick Building
Yoyogi 1Chome Buildingda Vinci Harajuku
Jingumae Media Square Building
Shibuya Cross Tower
Ebisu Neonato
Harmony Tower

Shibuya-ku,
TokyoShibuya-ku,
TokyoShibuya-ku,
TokyoShibuya-ku,
TokyoShibuya-ku,
TokyoShibuya-ku
TokyoNakano-ku
TokyoOtsuka Higashi-Ikebukuro Building

Toshima-ku,
Tokyo

Ikebukuro 2Chome Building

Toshima-ku,
Tokyo

Ikebukuro YS Building

Toshima-ku,
TokyoReal property
Trust beneficiaryright in trust ofreal estate
Trust beneficiaryright in trust ofreal estate
Real property

4Percentage
by area

20,900,000

Chiyoda-ku,
Tokyo

Yurakucho Denki BuildingTokyo
metropolitanarea(23 wards)

Location

360,000

0.6%

4,100,000

Hachioji First Square

Saitama Urawa BuildingTokyo
metropolitan
area(excluding
23 wards)

MM Park Building

Kawasaki Isago Building

Musahi Kosugi STM Building

Hachioji City,Tokyo
Saitama City,
SaitamaPrefecture
Yokohama City,
Kanagawa
Prefecture
Kawasaki City,
Kanagawa
Prefecture
Kawasaki City,
Kanagawa
Prefecture

March 31, 2005
March 19, 2008
TotalSeptember 25, 2001
October 11, 2001
Total

3,300,000

Real property

March 24, 2008

37,400,000

5.8%

Trust beneficiaryright in trust ofreal estate

September 25, 2001

3,375,000

0.5%Real property

March 25, 2008

4,000,000

0.6%

542,054,866

84.2%

84.2%
1.1%

Real property

Real property

Total: Tokyo metropolitan area
Hokkaido

8 • 3 Square Kita Building
Jozenji Park Building

TohokuregionHokuriku
regionReal property

January 31, 2005

1,000,000

0.2%

September 25, 2001
June 28, 2006
Total
February 28, 2002
March 3, 2003
Total
October 2, 2006November 1, 2006
Total

2,924,000

Real property

September 22, 2006

1,680,000

0.3%Real property

September 10, 2001

14, 533,000

2.3%Real property

August 8, 2003

1,865,000

0.3%Real property

December 20, 2001

2,650,000

0.4%

Trust beneficiaryright in trust ofreal estate

September 1, 2008

24,000,000

3.7%

2,264,000

14,314,000

Kanazawa Park Building

Real property

Nagoya City,
Aichi Prefecture

Real property

Nagoya Misono Building
Kyoto Shijo Kawaramachi Building

Shin-Fujita Building
Kinki region

0.4%

2,574,000

1.1%

Kanazawa City,IshikawaPrefecture

Nagoya Hirokoji Building

1,342,000

7,100,000

Trust beneficiaryright in trust ofreal estate

Nagoya City,
Aichi Prefecture
Nagoya City,
Aichi Prefecture
Nagoya City,
Aichi Prefecture
Kyoto City,
Kyoto
Prefecture
Osaka City,
Osaka
Prefecture

1,232,000

June 1, 2007

Sendai City,
MiyagiPrefecture

Hirokoji Sakae Building

0.9%

5,679,112

Real property

Sendai Honcho Honma
Building

Nishiki Park Building
Chubu
regionSapporo City,
Hokkaido
Sendai City,
MiyagiPrefecture

2,379,112

250,000

8.2%

0.6%
0.5%

3,174,000
2,880,000
1,700,000

0.7%

0.7%

4,580,000
3,850,000
1,300,000

0.8%

5,150,000
3.6%

7.0%

Sakaisujihonmachi Building

Osaka City,
Osaka
Prefecture

Real property

Midosuji Daiwa Building

Osaka City,
Osaka
Prefecture

Trust beneficiaryright in trust ofreal estate

September 25, 2001
December 26, 2003
Total
September 25, 2001
February 28, 2002
Total

Real property

February 1, 2006

4,650,000
1,320,000

Real property

March 25, 2004
March 3, 2008
Total

Real property

September 25, 2001

1,550,000

0.2%Real property

June 1, 2005

5,000,000

0.8%

Trust beneficiaryright in trust ofreal estate

September 10, 20013,657,000

0.6%

Total: Other major cities

101,837,000

15.8%

15.8%

Total: Portfolio

643,891,866

100.0%

100.0%

Lit City Building
ChugokuregionNHK Hiroshima Broadcasting
Center Building
Tosei Tenjin Building

KyushuregionTenjin Crystal Building

Hinode Tenjin Building(Note1)(Note2)

Okayama City,
OkayamaPrefecture
Hiroshima City,
Hiroshima
Prefecture
Fukuoka City,
Fukuoka
Prefecture
Fukuoka City,
Fukuoka
Prefecture
Fukuoka City,
Fukuoka
Prefecture

1,900,000

0.6%

4,164,000
6,934,000
7,380,000

1,450,000

2.2%

0.7%
1.2%
0.4%2,770,000

Acquisition prices are expressed by cutting off the numbers below a thousand.
The acquisition price of Jingumae Media Square Building is the price of the property on the date of acquisition (October 9,2003), including the sales cost (¥614 million) of the part of the property that was transferred on October 30, 2009.

51.6%