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.
May 29, 2020
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
Executive Director
Head of Planning Group, Operations 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 Hilton Tokyo Odaiba owned
by JHR received “CASBEE Certification for Buildings (Existing Buildings),” (B+: Good) for the first time asexisting hotel, from a CASBEE certification organization approved by the Institute for Building Environment andEnergy 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 resultsby CASBEE for Existing Buildings, an evaluation method which targets buildings with an operational record ofat least 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

Hilton Tokyo Odaiba
Exterior
PhotoLocation

Date ofCompletion

Minato-ku, Tokyo
January 1996

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

Evaluation Points

・ Through meticulous building
management and partial renovations, thehotel provides high-quality hotel spaces
with the same quality as it was when thebuilding was completed.
・ Consideration is given to the regional
environment and amenity contributions,such as planting of native species inTokyo, harmony with surrounding
townscape, and securing direct routes
from train stations.
・ Appropriate energy management andoperations are being carried out, andefforts are being made to reduce the useof water supply, waste andnon-renewable resources.

3.

Importance on the Acquisition of Certification for CASBEE for Buildings
The energy efficiency of existing hotels tends to be low in terms of structure and facilities, as there are manyhotels which have passed a certain period of time since they were built. Therefore, JHR has continued toimprove the energy efficiency through measures such as upgrading to energy-efficient equipment andoptimizing facility management operations.
In Japan, there is a limited number of green building certification systems that evaluate hotels. Under suchcircumstance, JHR challenged to acquire CASBEE for Buildings (Existing Buildings), and resulted in theacquisition of the certification for the first time as hotel.
We believe that the acquisition of CASBEE for Buildings (Existing Buildings) was the result of an objective
assessment of the achievements of the efforts which JHR has made so far.

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.
Going forward, JHR continues to build sound relationships with our stakeholders including unitholders, hotel
guests, lessees, operators and local communities, etc., and proactively promotes various initiatives forsustainability.
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