This English translation is provided for information purposes only. If any discrepancy is identified between
this translation and the Japanese original, the Japanese original shall prevail.
June 11, 2021
REIT Issuer:
Japan Hotel REIT Investment Corporation (TSE code: 8985)
Kaname Masuda, Executive Director
Asset Management Company:
Japan Hotel REIT Advisors Co., Ltd.
Hisashi Furukawa, President & CEO
Contact:
Makoto Hanamura
Director of the Board, Managing Director
Head of Planning Division
TEL: +81-3-6422-0530
Notice Concerning Acquisition of “CASBEE Certification for Buildings”
Japan Hotel REIT Investment Corporation (hereinafter called “JHR”) informs you that Oriental Hotel Fukuoka
Hakata Station owned by JHR (hereinafter called the “Hotel”) received “CASBEE Certification for Buildings(Existing Buildings),” (B+: Good) from a CASBEE certification organization approved by the Institute for Building
Environment and Energy Conservation.

1.

Overview of CASBEE Certification for Buildings
Comprehensive Assessment System for Built Environment Efficiency (CASBEE) is a method for evaluating
and rating the environmental performance of buildings. It is a system to comprehensively evaluate the qualityof buildings, including interior comfort and landscape considerations, as well as environmental considerations
such as energy conservation and the use of materials and equipment with low environmental loads.
CASBEE Certification for Buildings is granted for assessment results provided by CASBEE for New
Construction, Existing Buildings, and Renovation. The certification that JHR acquired was given for a result by
CASBEE for Existing Buildings, an evaluation method which targets buildings with an operational record of atleast one year after completion, and assesses buildings based on annual performance of operations,deterioration of buildings and indoor environments. Assessment results by CASBEE are indicated in a scalewith the following five ranks: “S: Superior,” “A: Very Good,” “B+: Good,” “B-: Slightly Poor,” and “C: Poor.”

2.

Evaluation by CASBEE Certification for Buildings (Existing Buildings)
Property Assessed and Certified
Assessment Rank

Oriental Hotel Fukuoka Hakata Station
Exterior
Photo

Location
Date ofCompletion

Fukuoka city, Fukuoka
August 1985

CASBEE for Buildings(Existing Buildings)
Rank B+ (Good)1

Evaluation Points・ Equipment such as air conditioners has
been replaced with the latest ones toimprove energy efficiency.
・ Efforts to protect water resources arebeing made through adoption ofwater-saving sanitary equipment andwastewater reuse equipment.
・ The Hotel is actively working to reducethe impact of waste disposal, giving due
consideration to the global environment.

3.

Importance on the Acquisition of Certification for CASBEE for Buildings
Hotels that have passed a certain period of time since they were built tend to have low energy efficiency interms of structure and facilities. Therefore, JHR has continued to improve the energy efficiency throughmeasures such as upgrading to energy-efficient equipment and optimizing facility management operations.
As a result of the renovation work accompanying the rebranding of the Hotel in April 2019 (hereinafter called“Renovation Work”), especially our efforts to make energy use more efficient, we decided to aim for theacquisition of CASBEE for Buildings (Existing Buildings). In Japan, there is a limited number of green
building certification systems that evaluate hotels. Under such circumstance, this is the second case that
acquired the certification of CASBEE for Buildings as an existing hotel after Hilton Tokyo Odaiba, which isowned by JHR.
Funds procured from the 12th unsecured investment corporation bonds of Japan Hotel REIT Investment
Corporation (Green Bonds) were used for the Renovation Work.

4.

Future Initiatives
JHR has implemented various initiatives based on “Sustainability Policy” stipulated alongside with the AssetManagement Company, as JHR believes that real estate investment management based on consideration for
ESG is important to enhance unitholder value and to further raise the attractiveness of JHR.
Please see websites below for Sustainability Policy and examples of our initiatives.
*Sustainability Initiatives of JHR:

https://www.jhrth.co.jp/en/about/sustainability.html*Website of Japan Hotel REIT Investment Corporation: https://www.jhrth.co.jp/en/2