March 22, 2019
For Immediate Release
REIT Issuer:
Daiwa House REIT Investment Corporation
2-4-8, Nagatacho, Chiyoda-ku, Tokyo
Jiro Kawanishi, Executive Director(TSE Code: 8984)
Asset Manager:
Daiwa House Asset Management Co., Ltd.
Koichi Tsuchida, President and CEO
Inquiries:
Haruto Tsukamoto, Director and CFO
TEL. +81-3-3595-1265

Notice Concerning Organizational Change of Asset Manager
Daiwa House REIT Investment Corporation (“DHR”) hereby announces that Daiwa House Asset Management
Co., Ltd. (the “Asset Manager”), to which DHR entrusts the management of its assets, decided at a meeting of theboard of directors held today to change the organizational structure as described below.

1.

Organizational change(1)Content of change

In line with the growth of asset size of DHR, the Asset Manager decided to make the following changes to its
organizational structure with an aim to further improve overall asset management operations and to promote
ESG initiatives.
・Establishment of Fund Management Department responsible for drafting and planning portfolio strategy
and the businesses related to operation and management of portfolio.
・Finance and Corporate Planning Department will be responsible for the businesses related to ESG.
(2)

Planned date of change

April 1, 20192.

Organizational chart and allocation of duties

Please refer to the attachments for the organizational chart and allocation of duties before and after theorganizational change of the Asset Manager.
The notification and other procedures required by the Financial Instruments and Exchange Act, the Building Lots
and Building Transactions Business Act, and other applicable laws, regulations, rules, etc. will be performed
promptly for this matter.

* Distribution of this material: This material is distributed to “Kabuto Club” (a media correspondents’ club at theTokyo Stock Exchange), the press club at the Ministry of Land, Infrastructure, Transport and Tourism and the pressclub for construction trade newspapers at the Ministry of Land, Infrastructure, Transport and Tourism.
* DHR’s website: https://www.daiwahouse-reit.co.jp/en/-1-

< Attachments >1.

Organization chart of the Asset Manager(Before change)
General Meeting ofUnitholders
Corporate Auditor
Board of Directors
Compliance Committee
Investment Management
Committee

Management FinanceCommittee
President and CEO
Compliance Officer

Compliance Department

Investment
Department

Asset Management
Department

Administration andAccounting Department

Finance and Corporate
Planning Department(After change)
General Meeting ofUnitholders
Corporate Auditor
Board of Directors
Compliance Committee
Investment Management
Committee

Management FinanceCommittee
President and CEO
Compliance Officer

Compliance Department

Investment
Department

Asset Management
Department

Fund Management
Department* Newly established-2-

Administration andAccounting
Department

Finance andCorporate Planning
Department

2.

Allocation of duties of the Asset Manager(Before change)
Department name

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Allocation of duties
Businesses related to management of assets of DHR
Investigations and analysis of trends on real estate lease markets and industries
such as the retail industry
Analysis of investment information
Management of credit of tenants
Other matters attendant upon or related to the above items
Businesses related to DHR's management planning and strategy
Businesses related to DHR's capital policy, finance strategy, and fund raising
Businesses related to advertising, marketing, and public relations activities
Matters related to DHR's dividend policy and earnings distribution
Businesses related to timely disclosure
Investigations and analysis of financial and capital markets
Investigations and analysis of real estate investment trust markets
Other matters attendant upon or related to the above items

1.
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4.
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4.
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8.
9.

Allocation of duties
Business related to management of assets of DHR
Businesses related to operation and management of portfolio assets
Business related to additional investment to portfolio assets
Other matters attendant upon or related to the above items
Businesses related to drafting and planning portfolio strategy
Businesses related to operation and management of portfolio
Investigations and analysis of real estate markets and other industry trends
Other matters attendant upon or related to the above items
Businesses related to DHR's management planning and strategy
Businesses related to DHR's capital policy, finance strategy, and fund raising
Businesses related to advertising, marketing, and public relations activities
Matters related to DHR's dividend policy and earnings distribution
Businesses related to ESG
Businesses related to timely disclosure
Investigations and analysis of financial and capital markets
Investigations and analysis of real estate investment trust marketsOther matters attendant upon or related to the above items

1.
2.
Asset Management
Department

Finance and Corporate
Planning Department(After change)
Department
Asset Management
Department
Fund Management
Department

Finance and Corporate
Planning Department-3-