For Immediate Release

September 25, 2020
Real Estate Investment Trust Securities Issuer
1-6-5 Marunouchi, Chiyoda-ku, Tokyo
Mitsubishi Estate Logistics REIT Investment Corporation
Representative: Masaki Sakagawa, Executive Director(Securities Code: 3481)
Asset Management Company
Mitsubishi Jisho Investment Advisors, Inc.
Representative: Haruhiko Araki, President & CEO
Contact:
Masaki Sakagawa, Executive Vice
President, General Manager, Logistics REITManagement Department
TEL: +81-3-3218-0030

Notice Concerning Determination of the Number of New Investment Units
to Be Issued through the Third-party Allotment
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) today announced that MEL received a notificationfrom SMBC Nikko Securities Inc., the allottee, will partially exercise its option to purchase new investment units
originally scheduled to be issued through third-party allotment (the “Third-party Allotment”).
The purchase was approved at the meetings of MEL’s board of directors held on Aug. 13, 2020 and Aug. 24, 2020,
respectively, with the issuance of new investment units through public offering (public offering) and the secondaryoffering of investment units (secondary distribution via over-allotment). The details are described below.
There are no changes to MEL’s forecasts of results which MEL announced in the press release “Notice Concerning
Revisions to Forecast for the Fiscal Period Ending February 28, 2021, and Forecast for the Fiscal Period Ending August
31, 2021”dated Aug. 13, 2020 since the effect is not material.
(1) Number of investment units to be offered:
(2)
(3)
(4)
(5)
(6)

Amount to be paid in (issue amount):
Net proceeds:
Application period (Application date):
Payment date:
Allottee:

1,922 units(Number of units originally scheduled to be offered: 2,000 units)
417,236 yen per unit
801,927,592 yen
Tuesday, Sept. 29, 2020
Wednesday, Sept. 30, 2020
SMBC Nikko Securities Inc.

<Reference>
1. This issuance through the Third-party Allotment was concurrently approved at the meetings of MEL’s board ofdirectors held on Aug. 13, 2020 and Aug. 24, 2020, with the issuance of new investment units through publicoffering (public offering) and the secondary offering (secondary distribution via over-allotment).
For more details of the Third-party Allotment, please refer to “Notice Concerning Issuance of New Investment
Units and Secondary Offering of Investment Units” dated Aug. 13, 2020 and “Notice Concerning Determination ofPricing and Issuance of New Investment Units and Secondary Offering of Investment Units” dated Aug. 24, 2020.
2. Change in the Number of Investment Units Outstanding after the Third-party Allotment
Current number of issued investment units outstanding:Number of new investment units to be issued through the Third-party Allotment:
Total number of issued investment units after the Third-party Allotment:

346,315 units
1,922 units
348,237 units

3. Use of Net Proceeds from the Third-party Allotment
Net proceeds from the issuance of new investment units through the Third-party Allotment (801,927,592 yen) arescheduled to be used to fund the repayment of all or a portion of the borrowings. For more details of the borrowings,
please refer to “Notice Concerning Debt Financing (including “Funding to Promote SDGs” from Sumitomo Mitsui
Banking Corporation and “ESG Loan for J-REIT” from MUFG Bank, Ltd.)” dated Aug. 27, 2020. The remainder of the net
proceeds of the Third-party Allotment will be kept as cash on hand and be deposited with financial institutions until
the time of expenditure. Such cash on hand will be utilized to fund a portion of future acquisitions of specified assets
Note: This press release has been prepared for the purpose of announcing to the public certain matters regarding to the issuance of new
investment units of MEL through third-party allotment, and has not been prepared for the purpose of soliciting investment.
This press release does not constitute an offer of securities in the United States of America. The securities referred to above have notbeen, and will not be registered under the United States Securities Act of 1933, as amended (hereinafter referred to as the “SecuritiesAct”). The securities may not be offered or sold in the United States absent registration or an exemption from registration under theSecurities Act. The securities referred to above will not be offered or sold, publicly or otherwise, in the United States.

1(as defined in Article 2, Paragraph 1 of the Act on Investment Trusts and Investment Corporations of Japan) or aportion to repay borrowings.
For more information about Mitsubishi Estate Logistics REIT Investment Corporation, please visit:https://mel-reit.co.jp/en/

Note: This press release has been prepared for the purpose of announcing to the public certain matters regarding to the issuance of new
investment units of MEL through third-party allotment, and has not been prepared for the purpose of soliciting investment.
This press release does not constitute an offer of securities in the United States of America. The securities referred to above have notbeen, and will not be registered under the United States Securities Act of 1933, as amended (hereinafter referred to as the “SecuritiesAct”). The securities may not be offered or sold in the United States absent registration or an exemption from registration under theSecurities Act. The securities referred to above will not be offered or sold, publicly or otherwise, in the United States.

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