October 7, 2019
For Translation Purpose Only
To All Concerned Parties

REIT Securities Issuer
Sakura Sogo REIT Investment Corporation
Representative:
Toru Sugihara, Executive
Director:(Securities Code 3473)
Asset Management Company:
Sakura Real Estate Funds Management, Inc.
Representative:
Makoto Muranaka,
Representative Director andPresident
Mayumi Kobiki,
Contact:
Chief Financial Officer
Tel:+81-3-6272-6608

Notice Concerning Filing of a Petition for Order of Injunction by Unitholder
Sakura Sogo REIT (hereinafter “SAKURA”) announced in its press release titled “Notice Concerning Filing of anAction for Rescission of a Resolution of Unitholders’ Meeting and a Petition for Order of Injunction by Unitholder”
dated September 24, 2019 that a unitholder of SAKURA, GALAXY JREIT PTY LIMITED (hereinafter the “FilingUnitholder”), filed against SAKURA and its Executive Director, Toru Sugihara, an action seeking rescission ofresolutions of unitholders’ meeting as well as a petition for an order of injunction to suspend performance of duties ofan executive officer and to appoint an acting representative (hereinafter collectively the “Filing”).
In addition to the Filing, SAKURA announces that SAKURA and its Executive Director, Toru Sugihara, received
notice on October 4, 2019 of a petition for order of injunction filed by the Filing Unitholder to suspend the effect andenforcement of resolutions of unitholders’ meeting, and to prohibit all acts by Executive Director Toru Sugihara
aimed at SAKURA terminating its asset management agreement with Sakura Real Estate Funds Management, Inc., allacts aimed at SAKURA entering into an asset management agreement with Star Asia Investment Management Co., Ltd.,and all acts aimed at SAKURA realizing a merger with Star Asia Investment Corporation (hereinafter collectively the“Petition”). The details are as follows.
1.

Court with which, and date on which, the Petition was filed(1) Court with which the Petition was filed:Tokyo District Court(2) Date on which the Petition was filed:
October 2, 20192.

Unitholder which filed the Petition(1) Name:(2) Address:(3) Title and name of representative:

3.

Reason for the Petition, background of filing, and details of the Petition
As announced in the press release titled “Notice Concerning Filing of an Action for Rescission of a Resolution ofUnitholders’ Meeting and a Petition for Order of Injunction by Unitholder” dated September 24, 2019, the Filing
Unitholder made the Filing, which is currently pending before the court. Now the Filing Unitholder has also filedthe Petition.

GALAXY JREIT PTY LIMITED
Level 4, 15 Lime Street, Sydney, New South Wales, Australia
Neil Richard John Werrett, Representative Member

On the basis of seeking to preserve its right to seek rescissionof resolutions of unitholders’ meeting, the Filing
Unitholder filed the Petition seeking to suspend the effect of a resolution on Agenda Item 3 (Termination of theAsset Management Agreement with Sakura Real Estate Funds Management, Inc.) and to suspend the enforcementof a resolution on Agenda Item 4 (Execution of an Asset Management Agreement with Star Asia Investment
Management Co., Ltd.), which are resolutions that were approved and adopted by the extraordinary unitholders’meeting of SAKURA held at 10 a.m. on August 30, 2019, and seeking to prohibit all acts by the Executive
Director aimed at SAKURA terminating its asset management agreement with Sakura Real Estate Funds
Management, Inc., all acts aimed at SAKURA entering into an asset management agreement with Star Asia
Investment Management Co., Ltd., and all acts aimed at SAKURA realizing a merger with Star Asia Investment
Corporation.
4.

Policy of SAKURA for responding to the Action and the Petition, and outlook

SAKURA believes that there is no reasonable ground for the Filing and the Petition, and will assert to that effect inthe legal proceedings.
It is currently difficult for SAKURA to estimate any impact on its financial results.
announcement, if there is any matter to be announced.

SAKURA will make a timely

Sakura Sogo REIT Investment Corporation website address: http://sakurasogoreit.com/en/(Reference press release, etc.)
Dated 6/28/2019“Announcement Regarding the Determination to Allow Convocation of an Extraordinary
Unitholders’ Meeting”
Dated 7/4/2019“Announcement Regarding the Request by Sponsor to Add Proposal to Convocation Notice forUnitholders’ Meeting”
Dated 8/15/2019“Notice Concerning Execution of Merger Agreement by and between MIRAI Corporation and
Sakura Sogo REIT Investment Corporation (Follow-up)”
Dated 8/22/2019“Notice Concerning Execution of Merger Agreement by and between MIRAI Corporation and
Sakura Sogo REIT Investment Corporation (Follow-up II)”
Dated 8/29/2019“Notice Concerning Injunction to Unitholders’ Meeting convened by Lion Partners”
Dated 8/30/2019“Notice of Resolution of the Unitholders’ Meeting Held by a Minority Unitholder and Change
in Executive Director”
Dated 9/24/2019“Notice Concerning Filing of an Action for Rescission of a Resolution of Unitholders’ Meeting
and a Petition for Order of Injunction by Unitholder”