April 10, 2015
For Translation Purpose Only
MID REIT, Inc.
1-4-4 Dojimahama, Kita-ku, Osaka
Tomoyuki Goto
Executive Director(Securities Code: 3227)
MID REIT Management Co., Ltd.
Tomoyuki Goto
President and CEO
Hirotaka Saito
Managing Director
General Manager, Finance & Planning Division
TEL. +81-6-6456-0700
E-mail:midrm-info@mid.co.jp

Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real Estate(Sumitomo Fudosan Ueno Building No. 6)
MID REIT, Inc. (hereafter “MID REIT”) announces that, its asset management company, MID REIT Management
Co., Ltd. (hereafter the “Asset Management Company”), decided today to acquire a property, as detailed below.
1. Overview of Acquisition
Asset to be Acquired

Trust beneficiary interest in entrusted real estate in Japan (Real estate
trust beneficiary interest)
Property name
Sumitomo Fudosan Ueno Building No. 6
Location
5-24-8, Higashiueno, Taito-Ku, Tokyo (Indicated for residence)
Planned acquisition price ¥7,460 million (Excluding various acquisition expenses, property taxes, city planningtaxes, consumption taxes, etc.)
Contracted date (Note 1)
April 10, 2015
Planned acquisition date
May 1, 2015
SellerDomestic corporation (See “4. Seller Overview” below) (Note 2)
Acquisition funding
Cash on hand, proceeds from a third-party allotment and borrowings (planned) (Note3)(Note 1) MID REIT concluded a status assignment agreement, which stipulates that MID REIT be assigned the statusof a buyer of the asset to be acquired, with a domestic financial corporation, which concluded a purchase/saleagreement to purchase the asset to be acquired from the seller on March 27, 2015. The contract date above
indicates the date of said status assignment agreement. There is no particular vested interest relationshipbetween the domestic financial corporation and MID REIT or the Asset Management Company.
(Note 2) Not disclosed as permission to disclose such information has not been obtained from the seller. There are noties to be specified between the seller and MID REIT or the Asset Management Company. Except for having
granted Mitsubishi Corp. - UBS Realty Inc. a preferential negotiation right on acquisition of the asset to beacquired, there are no ties to be specified between the related parties/related companies of MID REIT or the
Asset Management Company and the related parties/related companies of the seller.
(Note 3) For details of proceeds from a third-party allocation and borrowings, please refer to “Notice Concerning
Issuance of New Investment Units through Third-Party Allotment,” and “Notice Concerning Debt
Financing” separately announced today.
Hereafter, the above asset to be acquired is referred as “the Asset” and the asset in trust of the Asset as “theNote: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

1

Property.”
2. Reason for Acquisition
MID REIT has investment focused on office buildings in the Osaka area (Osaka Prefecture, Hyogo Prefecture andKyoto Prefecture) under the basic policy of managing assets in pursuit of securing stable revenue and achieving
steady growth of its assets under management from a medium- to long-term perspective. At the same time, fromthe standpoint of diversified investment, MID REIT’s targeted investment regions also include the Tokyo
metropolitan area, as well as government-designated cities (excluding the Osaka area) and other major cities.
As separately announced today in “Notice Concerning Changes in Major Shareholders, Parent Companies andSpecified Affiliated Companies at Asset Management Company,” MID REIT has decided, with an aim for further
external growth, to have Mitsubishi Corp. - UBS Realty Inc. (hereafter “Mitsubishi Corp. - UBS Realty”), which has
operated “Japan Retail Fund Investment Corporation” and “Industrial & Infrastructure Fund Investment
Corporation,” which has accumulated a stable track record and has achieved the enhancement of unitholder value
and secured revenue stability through expansion of asset size and asset diversification with its continuous external
growth, as a new sponsor. Due to the above, the Asset Management Company plans to stipulate that new“investment in real estate other than office properties” shall be made mainly in properties used as a serviced
apartment or a hotel, etc. and new acquisitions of commercial facilities and industrial properties shall not be
conducted, by amending the asset management guidelines regarding MID REIT’s asset management on April 22,
2015. This is from the viewpoint of avoiding conflict of interests with Japan Retail Fund Investment Corporation, alisted investment corporation specializing in retail properties, and Industrial & Infrastructure Fund Investment
Corporation, a listed investment corporation specializing in industrial and infrastructure properties, which areoperated by Mitsubishi Corp. - UBS Realty, a new sponsor. No amendment is scheduled to the investment share by
category (70% or more in office properties, 30% or less in real estate other than office properties). However, MID
REIT aims for steady expansion of asset size while focusing on office property investment. MID REIT has decided,
as the first phase of such external growth, to acquire the Property based on the information provided by Mitsubishi
Corp. - UBS Realty on the sale of the property, the preferential negotiation right of which the company had
acquired.
Furthermore, the following points were evaluated in particular in the decision to acquire the Asset.
(1) Location
The Ueno area, where the Property is located, has long prospered as a northern gateway of Tokyo centeringon Ueno Station, which is one of the largest terminal stations in Tokyo serviced by a number of railways
including Shinkansen lines, JR lines, subways and private railways. Many companies have set up offices in thearea as a sales operations hub to control Tokyo’s Johoku (north) and Joto (east) areas. In such an area, theProperty is situated in the east Ueno area, where high-grade office buildings concentrate, and stands on landfacing Kiyosubashi-dori Street with high visibility. It also enjoys excellent transportation convenience with JR
Ueno Station and Inaricho Station on the Tokyo Metro Ginza Line as well as Iriya Station on the Tokyo
Metro Hibiya Line within a 7-minute walk.
(2) Building Features
The Property, with total floor space of around 2,900 tsubos and typical floor plate area of around 205 tsubos,
Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

2

boasts a size that can differentiate itself from others since many of the buildings in the Ueno area are relatively
small, and also offers a convenient regular-shaped typical floor plan. Although it is an office building
completed in November 1993 from which about 21 years has passed, the Property has not only had excellent
management and maintenance but also has undergone air-conditioning renovation and value-enhancing work
(entrance, EV hall, restrooms, etc.), and thus it can be considered to be a property that can expect to remain
highly competitive in the area.
(3) Impact on the Portfolio
Since MID REIT does not own any office buildings in the Tokyo metropolitan area as of today, theacquisition of the Property, which is highly competitive in an area close to a major terminal station in theTokyo metropolitan area, is believed to contribute to enhancement of portfolio quality from the standpoint ofdiversified investment. In addition, appraisal NOI yield (based on acquisition price) at the time of theacquisition is expected to exceed MID REIT’s portfolio NOI yield (based on acquisition price) during the
fiscal period ended December 2014 thus MID REIT believes the acquisition will contribute to improving
profitability over the mid- to long-term.
3. Details of Property to be Acquired
Property Name
Type of Specified Asset
Trustee
Trust Period
Location(Note 1)

Lot Number
Indicated for
Residence

Transportation
Use (Note 1)
Area(Note 1)Land
Building

Structure (Note 1)
Completion Date (Note 1)
PML (Note 2)
Architect
Structural Designer
Builder
Agency Authorizing Building
Construction
Land
Type ofOwnership
Building
Floor-Area Ratio /Building-to-Land Ratio (Note 3)
Mortgage
Property Management Company

Sumitomo Fudosan Ueno Building No. 6
Trust beneficiary interest in entrusted real estate in Japan (Real estate trust
beneficiary interest)
Sumitomo Mitsui Trust Bank, Limited
May 1, 2015 to April 30, 20255-34-16, 5-34-37, 5-34-39, 5-34-43 to 46, 5-34-50 to51, 5-34-63, 5-37-10 to11
and 5-37-13 to 15, Higashiueno, Taito-Ku, Tokyo
5-24-8, Higashiueno, Taito-Ku, Tokyo
Seven-minute walk from JR Ueno Station, Inaricho Station on the Tokyo Metro
Ginza Line and Iriya Station on the Tokyo Metro Hibiya Line
Office, Garage
1,323.78m2
9,631.83 m2
SRC with flat roof, B2/11F
November 17, 1993
3.2 % (Based on the earthquake risk analysis report (detailed) dated February 27,
2015, created by Engineering and Risk Services Corporation and OYO RMS
Corporation.)
Kyoritsu Associates Architects & Engineers
Takenaka Corporation
Tokyo Head Office, Takenaka Corporation
Tokyo Metropolitan Government
Fee simple
Fee simple
677.87%/80%
None
Sumitomo Realty & Development Co., Ltd.

(Note 4)
Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

3

Building Management Company

Sumitomo Realty & Development Co., Ltd.

(Note 4)Master Lease Company (Note 4)
Sumitomo Realty & Development Co., Ltd.
Planned Acquisition Price¥7,460 million
Appraisal Value¥7, 540 million (Appraisal date: February 28, 2015)
Appraiser
The Tanizawa Sōgō Appraisal Co., Ltd.
Planned Acquisition Date
May 1, 2015
Status of Tenant (as of March 27, 2015) (Note 5)
Total Tenants (Note 6)
2
Total Annual Rent (Note 7)¥487,366 thousand
Security Deposit / Guarantee,¥728,684 thousand
Etc. (Note 8)
Total Rental Area (Note 9)
6,858.16 m2
Total Rentable Area (Note 10)6,858.16 m2
Occupancy Rate (Note 11)100.0%
・The master lease agreement on the Asset stipulates that , in case the owner ofthe Asset wishes to transfer the Asset in whole or part in the future, Sumitomo
Special Notations
Realty & Development Co., Ltd., which has been entrusted with the masterleasing business under the agreement, has the preferential right to negotiate
purchase.
Notes:
1. “Location (Lot Number),” “Use,” “Area” “Structure” and “Completion Date” are listed based on recorded registration.
2. “PML” is translated as “Probable Maximum Loss” in the real estate/insurance industries and is used as a rating index for earthquake
risk in buildings. From the risk curve, which shows the relationship between loss and annual exceedance probability as calculated byEngineering and Risk Services Corporation and OYO RMS Corporation, divide the “probable loss for a building with a recurrence
interval of 475 years” by the “replacement cost” and calculate the percentage. The result of this calculation defines “Probable
Maximum Loss (PML)” herein. A 475-year recurrence interval is the equivalent of a 10% certainty of an event occurring during the
50-year period of building use.
3. “Floor-Area Ratio” is as stipulated in Article 52 of the Building Standard Law (Law No. 201 of 1950 as amended, hereafter “theBuilding Standard Law”) and is the ratio of floor area to site area, and the value specified in urban planning based on zoning and otherfactors is listed. The floor-area ratio to the Property was originally the current standard of 600%, but was increased to 677.87% due toapplication of an integrated design system. “Building-to-Land Ratio” is as stipulated in Article 53 of the Building Standard Law and is
the ratio of building area to site area, and the value specified in urban planning based on zoning and other factors is listed.
4. There are no ties to be specified between MID REIT nor the Asset Management Company and said company. In addition, there areno ties to be specified between the related parties/related companies of MID REIT nor the Asset Management Company and therelated parties/related companies of said company.
5. “Status of Tenants” is based on data and information provided by the seller. The status factors in the tenants whose lease periods havealready commenced as at March 27, 2015.
6. “Total Tenants” is based on the assumption that the lessee serves as the lessor. The figure cited is the number of end-tenants who aresubleasing from the lessee on the master lease agreement and also the end-tenants who have signed lease agreements as at March 27,
2015. Not included are end-tenants whose leases or scheduled leases are limited to such items as parking spaces.
7. “Total Annual Rent” lists the total monthly rent, including monthly rent, monthly common-area fee and parking fee, displayed on thelease agreement, etc. concluded by the end-tenants who are subleasing from the lessee on the master lease agreement, multiplied by 12
and rounded down to the nearest thousand yen.
8. “Security Deposit / Guarantee, Etc.” lists the security deposit and guarantee (including room, parking space, etc.) balance displayed on
the lease agreement, etc. concluded by the end-tenants who are subleasing from the lessee on the master lease agreement, rounded
down to the nearest thousand yen.
9. “Total Rental Area” lists the area (room area only) displayed on the lease agreement, etc. with each end-tenants.
10. “Total Rentable Area” lists the rentable area of the Property’s building (excluding parking space, etc.).
11. “Occupancy Rate” lists the percentage, rounded to the nearest first decimal place, obtained by dividing rental area by total rentablearea.

4. Seller Overview
Not disclosed as permission to disclose such information has not been obtained from the seller. There are no ties tobe specified between the seller and MID REIT or the Asset Management Company. Except for having granted
Mitsubishi Corp. - UBS Realty. a preferential negotiation right on acquisition of the asset to be acquired, there areNote: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

4

no ties to be specified between the related parties/related companies of MID REIT or the Asset Management
Company and the related parties/related companies of the seller.
5. Status of Property Buyers, Etc.
The acquisition of the Asset is not from a party having particular vested interest with MID REIT or the AssetManagement Company.
6. Overview of Brokerage(1) Broker Overview(a) Name(b) Location(c) Name and Title ofRepresentative(d) Business
(e)
(f)
(g)

Sumitomo Mitsui Trust Bank, Limited
1-4-1 Marunouchi, Chiyoda-ku, Tokyo
Hitoshi Tsunekage, President

Retail Financial Services Business, Wholesale Financial Services Business, Stock
Transfer Agency Services Business, Real Estate Business, Fiduciary Services Businessand Markets Business
Capital¥342 billion
Date of Establishment
July 28, 1925
Relationship with MID REIT or Asset Management Company
There are no capital ties to be stated between the broker and MID REIT or AssetManagement Company. There are no capital ties to be specified between the related
Capital Ties
parties/related companies of MID REIT or the Asset Management Company andthe related parties/related companies of the broker.
There are no personnel ties to be stated between the broker and MID REIT or AssetManagement Company. There are no personnel ties to be specified between the
Personnel Ties
related parties/related companies of MID REIT or the Asset Management
Company and the related parties/related companies of the broker.
The broker is MID REIT’s general administrative outsourcing company and asset
storage outsourcing company and has concluded a general administrative outsourcing
agreement and asset storage outsourcing agreement with MID REIT. It also is oneof MID REIT’s lenders.
Business Ties
There are no business ties to be stated between the broker and the AssetManagement Company. There are no business ties to be specified between the relatedparties/related companies of MID REIT or the Asset Management Company andthe related parties/related companies of the broker.
The broker does not fall under the category of a related party of MID REIT or
Status of Classification as Asset Management Company. The related parties/related companies of the broker
Related Party
do not fall under the category of a related party of MID REIT or AssetManagement Company.

(2) Breakdown and Amount of Commission, Etc.
The information is not disclosed as permission to disclose such information has not been received from the broker.
The amount of commission is no more than the upper limit (acquisition price × 3% + 60,000 yen, excluding
consumption tax and local consumption tax) set by the Building Lots and Buildings Transaction Law.

7. Transactions with Interested Persons, Etc.
As separately announced today in “Notice Concerning Changes in Major Shareholders, Parent Companies andNote: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

5

Specified Affiliated Companies at Asset Management Company,” Mitsubishi Corp. - UBS Realty, which will be a
new sponsor, is scheduled to become the parent company of the Asset Management Company on April 22, 2015.
Thus, the company will fall under the category of a sponsor related party under the internal regulations of the AssetManagement Company, which has been formulated with the purpose of preventing transactions and such that
could undermine interest of MID REIT and protecting interest of MID REIT to promote interest of the AssetManagement Company or interested persons.
Although the acquisition of the Asset is not through a transaction with Mitsubishi Corp. - UBS Realty, and thecompany did not fall under the category of a sponsor related party when the acquisition of the Asset was decided, it
is a transaction as one of the initiatives for external growth collaborating with Mitsubishi Corp. - UBS Realty, a newsponsor related party-to-be. Furthermore, the company is a subsidiary of a party allotted MID REIT’s investment
units through a third-part allotment, which is conducted for the purpose of procuring part of funds for acquiring
the Asset. Therefore, upon deciding the acquisition of the Asset, the Asset Management Company followed certain
procedures stipulated in the aforementioned internal regulations, including the following: deliberation and approvalby its Compliance Committee; deliberation and decision by its Investment Committee; and deliberation andresolution by its Board of Directors, before reporting to the Board of Directors of MID REIT. Members of theCompliance Committee and the Investment Committee include outside experts.
8. Settlement Method, etc.
MID REIT plans to settle the acquisition by making a single payment of the entire amount of the acquisition priceto the seller at the time the Asset is handed over (scheduled for May 1, 2015). The acquisition funds for theacquisition of the Asset are cash on hand, funds procured through a third-party allotment and borrowings. For
details of the fund procurement through a third-party allotment and debt financing, please refer to “NoticeConcerning Issuance of New Investment Units through Third-Party Allotment” and “Notice Concerning Debt
Financing” separately announced today.
9. Schedule for Acquisition
Decision to Acquire Date

April 10, 2015

Conclusion of Agreement Date (Note)

April 10, 2015

Payment Date

May 1, 2015 (planned)

Trust Beneficiary Interest in Real Estate Acquisition Date

May 1, 2015 (planned)(Note) MID REIT concluded a status assignment agreement, which stipulates that MID REIT be assigned the status of a buyer of theasset to be acquired, with a domestic financial corporation, which concluded a purchase/sale agreement to purchase the asset tobe acquired from the seller on March 27, 2015. The agreement date above indicates the date of said status assignment
agreement.

10. Outlook
As for the outlook of the business results for the fiscal period ending June 30, 2015 (January 1, 2015 to June 30,2015) and the fiscal period ending December 31, 2015 (July 1, 2015 to December 31, 2015), please refer to “NoticeRegarding Revision of Business Results and Distributions Forecast for the 18th Period Ending June 30, 2015 andthe 19th Period Ending December 31, 2015” separately announced today.

Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

6

11. Overview of Appraisal Report
Property Name
Sumitomo Fudosan Ueno Building No. 6
Final Appraisal Value
Appraiser
Appraisal Date

¥7,540,000,000
The Tanizawa Sōgō Appraisal Co., Ltd.
February 28, 2015

Item
Revenue price
Value Calculated Using Direct
Capitalization (DC) Method
Operating revenues
Potential gross revenue

Details (yen)7,540,000,000
7,580,000,000

Vacancy loss, etc.
Operating expenses
Maintenance expenses

29,978,274
139,617,069
53,493,648

Utility expenses

31,273,210

Repair expenses

9,485,000

PM fees

12,090,480

Tenant solicitation
expenses, etc.
Real estate taxes

2,800,873
27,668,000

Insurance premiums
Other expenses

1,355,000
1,450,858

Net operating income (NOI)
Gain on managementof income fromlump-sum payment
Capital expenditures

344,002,128
6,439,989

Net Cash Flows
Overall Capitalization Rate

326,052,117
4.3%

Value Calculated Using DiscountCash Flow (DCF) Method

7,520,000,000

483,619,197
513,597,471

24,390,000

Discount Rate

4.4%

Terminal Capitalization Rate

4.5%

Cost method value
Ratio of Land Price
Ratio of Building Price
Other items considered by real estateappraisal agent upon appraisal

7,070,000,000
73.0%
27.0%

Overview, etc.
―――
Assessed considering actual results of revenue andexpenditure, etc.
――
Assessed based on materials presented by the client,
etc.
Assessed considering actual results of revenue andexpenditure, etc.
Assessed allocating figures based on ER and similarcases to “Repair 3: Capital expenditures 7”
Assessed considering the building lease agreement,
memorandum, etc.
Assuming annual 10% tenant replacement
Assessed based on detailed statement of property
taxes and city planning taxes and tax roll of depreciable
assets for FY2014―
Assessed considering actual results of revenue andexpenditure, etc.
――
Assessed allocating figures based on ER and similarcases to “Repair 3: Capital expenditures 7”―
Assessed by comparing several market cap rates in thesimilar districts within the same supply and demandzone
Assessed revenue price calculated using DCF method,
after summing up present values of net cash flows
value and return value
Assessed by setting a base yield of office buildings
using accumulation method, etc. based on yields offinancial instruments and then factoring individual risk
for the target real estate into the base yield
Assessed based on capitalization rate with
unforeseeable uncertainties added―――

Not applicable.

Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

7

<Attachments>
Attachment 1: Assumed NOI of the Asset
Attachment 2: Property Portfolio after Acquisition of the Asset
Attachment 3: Photograph and Map of Sumitomo Fudosan Ueno Building No. 6

Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

8

Attachment 1
Assumed NOI of the Asset
Assumed NOI (Note)¥337 million a year
(MID REIT’s estimated figures for time of steady stable occupancy)(Note) Assumed NOI (Net Operating Income) is the estimated amount of property leasing revenue, less property leasing expenses,
assuming the burden of property taxes and city planning taxes for the full year based on the lease agreement terms andconditions, etc. on the planned acquisition date. The Property’s occupancy rate at time of steady stable occupancy is assumed tobe 95%.

Depreciation¥70 million a year
(MID REIT’s estimated figures for time of steady stable occupancy)

The figures above are not the forecast figures for the current period or subsequent periods.

Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

9

Attachment 2
Property Portfolio after Acquisition of the AssetType

RegionProperty Name

Investment
Ratio
(%)

Acquisition Date(planned)(Note 1)

Twin 21 (Note 2)

68,70041.6

Aug. 31, 2006

Matsushita IMP Bldg.

24,60014.9

Aug. 31, 2006

Midosuji MID Bldg.

8,290

5.0

Aug. 31, 2006
Oct. 31, 2007

MID REIT Kyobashi Bldg.

2,300

1.4

Aug. 31, 2006

MID Imabashi Bldg.

3,270

2.0

Apr. 3, 2007

MID Midosujikawaramachi Bldg.

2,000

1.2

May 16, 2007

Kitahama MID Bldg.

10,800

6.5

Apr. 24, 2008

MID Nishihommachi Bldg.

3,550

2.1

Oct. 30, 2008

Higobashi MID Bldg.

3,000

1.8

June 21, 2013

Tokyo metropolitanarea, Governmentdesignated cities
Sumitomo Fudosan Ueno Bldg. No. 6(excluding the
Osaka area) andother major cities

7,460

4.5

May 1, 2015

Subtotal (10 properties)

133,970

81.1

Konami Sports Club Kyobashi

2,780

1.7

Aug. 31, 2006

AEON MALL Tsudanuma

26,10015.8

Aug. 31, 2006

Dormy Inn Hakata Gion

2,280

1.4

Sep. 30, 2013

31,16018.9

165,130

100.0

Osaka area

OfficeBuilding

Osaka area

Other

AcquisitionPrice(planned)(Millions of
Yen)Tokyo metropolitanarea, Governmentdesignated cities(excluding the
Osaka area) andother major cities

Subtotal (3 properties)
Total (13 properties)

Notes:
1. Investment ratios presented in the table above have been rounded to the nearest first decimal place. Accordingly, the sum of theinvestment ratio figures may not add up to 100.0%.
2. Data for Twin 21 includes the trust beneficiary interest of Twin 21 (partial ownership of leased land).

Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

10

Attachment 3
Photograph and Map of Sumitomo Fudosan Ueno Building No. 6

Note: This press release provides information regarding MID REIT’s “Notice Regarding Acquisition of Trust Beneficiary Interest in Domestic Real
Estate (Sumitomo Fudosan Ueno Building No. 6)” and is not prepared as an inducement or invitation for investment. All readers are advised toconsult their own investment advisors before investing in MID REIT. Investment decisions are investors’ sole discretion and responsibility and aremade at their own risk. MID REIT and its affiliates disclaim any responsibility or liability for the consequence of investment in MID REIT.

11