[Provisional Translation Only] This English translation of the original Japanese document is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail. May 20, 2024 Issuer Ichigo Office REIT Investment Corporation (“Ichigo Office,” 8975) 2-6-1 Marunouchi, Chiyoda-ku, Tokyo Representative: Keisuke Chiba, Executive Director www.ichigo-office.co.jp/en Asset Management Company Ichigo Investment Advisors Co., Ltd. Representative: Hiroshi Iwai, President Inquiries: Yuji Kamo, Head of Ichigo Office Tel: +81-3-4485-5231
Acquisition of Six Office Assets
Ichigo Office decided today to acquire three office assets in central Tokyo and three in central Fukuoka. Because the seller of the Ichigo Hakata Gion Building, Ichigo Tenjin North Building, Ichigo Gotanda West Building, and Ichigo Otemachi North Building is a related party as defined in the Investment Trust and Investment Corporation Law (1951 Law No. 198 and including afterward revisions, "Investment Law"), Ichigo Office carefully reviewed and approved these four asset acquisitions at today's Board of Directors meeting.
1. Asset Acquisition Summary the purpose of solicitation of investment. l
Hakata Gion Building, Tenjin First Building, and COCORO Gotanda to the Ichigo Akihabara East Building, Ichigo Hakata Gion Building, Ichigo Tenjin North Building, and Ichigo Gotanda West Building, respectively, after the acquisitions. For purposes of this release, the buildings are referred to as the Ichigo Akihabara East Building, Ichigo Hakata Gion Building, Ichigo Tenjin North Building, and Ichigo Gotanda West Building. ² Appraisal Values for the Ichigo Akihabara East Building, Ichigo Hakata Meiji Dori Building, Ichigo Tenjin North Building, Ichigo Gotanda West Building, and Ichigo Otemachi North Building are calculated by Tanizawa Sogo Appraisal as of May 1, 2024, and are in compliance with the appraisal guidelines of Ichigo Investment Advisors ("IIA") as well as the rules of the Investment Trusts Association of Japan. ³ Appraisal Value for the Ichigo Hakata Gion Building is calculated by Daiwa Real Estate Appraisal as of May 1, 2024, and is in compliance with the appraisal guidelines of IIA as well as the rules of the Investment Trusts Association of Japan. 4 Acquisition Price excludes incidental expenses such as fees and property, city planning, and consumption taxes. 5 Please refer to today’s release “Issuance of New Shares via Third-Party Allotment” for details. 6 Please refer to today's release "New Loans for Acquisition of Office Assets" for details. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
2. Acquisition Rationale
Ichigo Office has a target of consistently generating total returns to shareholders of greater than 8% per annum, and believes that the acquisition of high-quality mid-size office assets with earnings upside and increasing asset values via value-add capex is essential to achieve this target. As announced on April 26, 2024, Ichigo Office sold the Ichigo Ofuna Building on April 26, 2024 and is selling the Ichigo Kudan 2 Chome Building on October 31, 2024, and is using the proceeds from the sales to finance the acquisition of six office assets (three in central Tokyo and three in central Fukuoka) with earnings upside. As a result of the asset sales and acquisitions, Ichigo Office's portfolio will consist of 89 office assets, comprising 97.8% of the portfolio. Post-acquisition, Ichigo Office will draw upon its operational capabilities to carry out value-add activities at the newly acquired office assets to drive higher NAV per share, tenant satisfaction, and earnings growth. Ichigo Office has developed value-add plans for the newly acquired office assets in line with each asset's location and characteristics, as detailed in today's release "April 26th Asset Sales & Today's Asset Acquisitions Supplementary Material." Ichigo Office's sponsor Ichigo (2337) is strengthening its sponsor commitment to its listed J-REITs and solar power producer to drive growth and shareholder value. Of the assets being acquired, Ichigo Office is acquiring the Ichigo Akihabara East Building and Ichigo Hakata Meiji Dori Building by exercising the preferential negotiation right it received to acquire underlying assets of the bridge fund created with the support of Ichigo and its subsidiary Ichigo Estate, and is acquiring the Ichigo Hakata Gion Building, Ichigo Tenjin North Building, Ichigo Gotanda West Building, and Ichigo Otemachi North Building from Ichigo Estate. The existing tenants of the assets being acquired satisfy the tenant standard stated in the "Financial Report ( Yuka Shoken Hokokusho )" (Japanese only) disclosed on January 29, 2024. Please refer to Section 3 "Acquisition Details" below for additional details on each asset's features and characteristics that underpinned the acquisition decision.
3. Acquisition Details
Notes to Acquisition Details . . . . . . . . . . . . . . . . . . . . . . . The location and description of each office are based on information obtained by IIA via real estate appraisal reports, building evaluation reports, market reports, and publicly available information on the builders' websites. Legal Form of Asset is a type of specified real estate asset. Trustee refers to the trustee as of today or the expected trustee. Period of Trust Contract refers to the trust period specified under the trust contract as of Ichigo Office's acquisition date. Location refers to the postal address (or the location in the real estate registry (if multiple locations are available, one of the multiple locations) if a postal address is not available) of the office. Land and Building Property Rights refer to the type of right to be acquired by Ichigo Office or the trustee. Land Area is the land area in the real estate registry. Zoning is the type of zoning stipulated in the City Planning Act Article 8, Clause 1, Item 1. Coverage Ratio is the ratio of the building to the land stipulated in the Building Standards Act Article 53, Clause 1, and is determined for each zone for city planning purposes. An asset may have more than one coverage ratio. Floor Area Ratio is the ratio of the building area to the land area stipulated in the Building Standards Act Article 52, and is determined for each zone for city planning purposes. An asset may have more than one floor area ratio. Building Use refers to the main use included in the real estate registry. Building Structure refers to the structure mentioned in the real estate registry. The following abbreviations are used with regards to structure: RC stands for reinforced concrete; SRC for steel-reinforced concrete; F for number of floors; and B for basement. Total Floor Area refers to the total floor area in the real estate registry, and includes the area of attached buildings. Date Built refers to the date built in the real estate registry. Appraiser refers to the author of the real estate appraisal report Appraisal Value, Appraisal Date, and Value by Direct Capitalization Method are based on the real estate appraisal report from the Appraiser. Names of the architect, builder, structural designer, and inspection agency are those as of when the building was built. Collateral refers to whether there is collateral after Ichigo Office's acquisition. Lease Details refer to the tenant lease contracts for each office, excluding the Number of Tenants. Number of Tenants, Rental Income, Deposit, Leasable Area, and Leased Area are based on the lease contract and any other relevant memoranda of understanding effective as of each office's acquisition date. Property Management Company refers to the property management companies appointed to provide property management services for each office as of each office’s acquisition date. Master Lease Company refers to the master lease companies appointed to provide master lease services for each office as of each office's acquisition date. Master Lease Type refers to the main type of master lease contract. Pass-through refers to when the rent amount paid by the tenant to the master lease company is equal to the rent paid by the master lease company, and Rent Guarantee refers to when the master lease company pays a guaranteed rent, both under a master lease contract effective as of each office's acquisition date. Special Items include items that significantly impact real estate rights and use, value, earnings, and disposal as of May 13, 2024. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
(1) Ichigo Akihabara East Building
1. Location
The Ichigo Akihabara East Building is located near Akihabara Station on the JR Yamanote, Sobu, and Keihin Tohoku Lines, the Tsukuba Express Line, and the Tokyo Metro Hibiya Line, which offers convenient access to the Tokyo Metropolitan area and various places within Tokyo. The area around the station developed as an electric town with stores selling home electronics and electronic devices, and more recently, has become a leading Japanese sub-culture hub that attracts both domestic shoppers and tourists. The Showa Dori area on the east side of Akihabara Station is an attractive Central Business District (CBD) and home to many mid-size office and retail buildings.
2. Building Features
The Ichigo Akihabara East Building is a mid-size office building located within a three- minute walk from Akihabara Station on the JR Yamanote and other JR Lines and a one- minute walk from Akihabara Station on the Tokyo Metro Hibiya Line. The standard floor plate is 90 tsubo (297m²), and the building has OA sub-floors, individual air conditioning units, and 24 parking spaces, therefore catering to the needs of the average tenant. The building is currently occupied by an IT company, a temp agency, and a franchise coffee shop. 3. Building Photos and Location Map
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment,
Special Items
The boundary line between the road and the south side of the building has yet to be determined. The south-side boundary line is expected to be pushed back towards the building by 20~30cm from the L-shaped gutter along the road and any future reconstruction must be planned within the finalized boundary, which is estimated to have an area of 414.65m². The purpose of solicitation of investment. 7
the purpose of solicitation of investment.
Note: Appraisal NOI Yield: 4.0% (calculated by dividing NOI by Acquisition Price) Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
(2) Ichigo Hakata Meiji Dori Building
1. Location The Ichigo Hakata Meiji Dori Building is located in the Gofukucho area adjacent to Fukuoka's prime CBDs, the Hakata Station area and the Tenjin area. The area offers convenient access to public transportation, including multiple subway lines and bus routes. Along Taihaku Dori and Meiji Dori, both major thoroughfares in the Gofukucho area, is a commercial district with many high-rise office buildings. The Gofukucho area is expected to see continued growth as recent years has seen new buildings built in the vicinity along with ongoing new building constructions and redevelopment projects.
2. Building Features
The Ichigo Hakata Meiji Dori Building is a mid-size office building located within a one-minute walk from Gofukucho Station on the Fukuoka City Subway Hakozaki Line and a four-minute walk from Nakasu Kawabata Station on the Kuko Line. The standard floor plate is 155 tsubo (512m²) with a ceiling height of 2.9 meters, and the building has OA sub-floors, individual air conditioning units, and 30 parking spaces, therefore catering to the needs of the average tenant. The building is currently occupied by a lighting equipment manufacturer, a financial services company, and a pharmaceutical company. 3. Building Photos and Location Map Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment,
the purpose of solicitation of investment.
Note: Appraisal NOI Yield: 5.0% (calculated by dividing NOI by Acquisition Price) Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
(3) Ichigo Hakata Gion Building
1. Location
The Gion area is one of Fukuoka City's prominent office areas centered around Hakata Station on the various JR Lines and Fukuoka City Subway Kuko Line, which is expected to see office demand from major companies and large regional companies. Gion Station is a four-minute train ride from Tenjin Station and a one-minute train ride from Hakata Station on the Fukuoka City Subway Kuko Line. Due to the March 2023 extension of the Fukuoka City Subway Nanakuma Line between Tenjin Minami Station and Hakata Station and the launch of Kushida Jinjamae Station, which is a four-minute walk from the Ichigo Hakata Gion Building, the building enjoys convenient transportation and easy access to Fukuoka City's CBDs. The Ichigo Hakata Gion Building is located along Kokutai Avenue in a business district lined with retail stores, office buildings with retail stores on the lower floors, temples, and business hotels. Kokutai Avenue leads to the Tenjin area, one of Fukuoka City's CBDs, and conveniently connects to Taihaku Dori, a prefectural road leading to the Hakata exit (West exit) of Hakata Station.
2. Building Features
The Ichigo Hakata Gion Building is a mid-size office building located within a two- minute walk from Gion Station on the Fukuoka City Subway Kuko Line and a four- minute walk from Kushida Jinjamae Station on the Fukuoka City Subway Nanakuma Line. The standard floor plate has a leasable area of 60 tsubo (c. 199m²) with individual air conditioning units, machine security systems, and 26 parking spaces with an automated parking system, catering to the needs of tenants looking for office space in this area. Current tenants include a pharmacy, a building material wholesaler, and an advertising company. The purpose of solicitation of investment.
The purpose of solicitation of investment.
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment,
Special Items
1. 2. The concrete foundation of the building and that of the southeast neighbor encroaches each other's boundary. There is a memorandum of understanding with the southeast neighbor to rectify the situation when the on-land structure is rebuilt or a renovation of the encroaching objects is conducted in the future. Paving stones and concrete foundation of the building encroaches each other's boundary of the northeast neighbor. There is a memorandum of understanding with the northeast neighbor to rectify the situation when the on-land structure is rebuilt or a renovation of the encroaching objects is conducted in the future. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.
Note: Appraisal NOI Yield: 4.4% (calculated by dividing NOI by Acquisition Price) Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
(4) Ichigo Tenjin North Building
1. Location
The Tenjin area is one of Fukuoka City's highly-developed CBDs along with the Hakata Station area, and is an area with where many large commercial facilities, such as department stores and apparel retail buildings, are located along Watanabe Dori, the city's major thoroughfare, comprising Kyushu's largest shopping district. Like the Hakata Station area, the Tenjin area is a business destination for the entire Kyushu region, with an established transportation network consisting of the Fukuoka City Subway Kuko Line and Nanakuma Line, and the Nishitetsu Tenjin Omuta Line, as well as local and express bus routes. The area is designated as a National Strategic Special Zone for "Global Startups and Job Creation," which is a large urban development project that is expected to update urban functions by relaxing the floor area ratio (up to 1,400%). Currently, several rebuilding projects are underway. Multiple office building development projects are underway as well in the Tenjin 4- chome area where the Ichigo Tenjin North Building is located, and older buildings are expected to be rebuilt in order of building age going forward. As one of the major CBDs in Fukuoka City, the area is expected to further develop in the future.
2. Building Features
The Ichigo Tenjin North Building is a mid-size office building located within a six- minute walk from Tenjin Station on the Fukuoka City Subway Kuko Line. The standard floor plate has a leasable area of 65 tsubo (c. 215m²) with a ceiling height of 2.45 meters, office automation floors, individual air conditioning units, and 32 spaces with an automated parking system, catering to the needs of standard tenants in this area. Current tenants include a pharmacy, an advertising company, and a call center. The purpose of solicitation of investment.
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment,
Special Items
1. The steel gate of the building and its frame and electric cables, and part of the building equipment (outdoor air conditioning units, power distribution cables, oven covers) of the northwest neighbor's property encroach each other's boundary (including cross-boundary in midair). There is a memorandum of understanding with the northwest neighbor to rectify the situation when the buildings or building equipment are demolished or rebuilt in the future. 2. 3. 4. The drainspout (pipe), steel gate, and its frame of this property, and part of the building equipment (exhaust ducts, power distribution cables, range covers) of the east neighbor's property encroach each other's boundary. There is a memorandum of understanding with the east neighbor to rectify the situation when the building is demolished or rebuilt in the future. Although no inspection certificate was issued for the building when it was newly built, an inspection certificate was issued when the bicycle parking lot was expanded in December 2020. In addition, as a result of a conformity assessment survey regarding various provisions of the Building Standard Law, a "Building Standard Law Conformity Status Survey Report" was obtained from JCIA on September 4, 2020. One tenant (leased area: 74.87m²) moved out on March 31, 2024. Another tenant (leased area: 86.80m²) moved out on April 30, 2024, due to the termination of the fixed-term lease contract. Occupancy decreased from 100% to 89.0% as a result.
the purpose of solicitation of investment.
Note: Appraisal NOI Yield: 4.8% (calculated by dividing NOI by Acquisition Price) Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.
(5) Details of the Ichigo Gotanda West Building
1. Location
In the Gotanda area, an office and entertainment district expands from the east side of Gotanda Station where the JR Yamanote Line, Tokyu Ikegami Line, and Toei Subway Asakusa Line comes in. The west side of Gotanda Station is a commercial district with head offices of many major companies, branches of financial institutions, and restaurants. The east side of the station is a high-end residential district where foreign embassies and consulates are located. In recent years, many new high-rise condominiums and office buildings have been built in this area. Due to its convenient access to the three lines mentioned above, attractive rents compared to those in the Shinagawa and Osaki areas, and a variety of restaurants and retail stores, the area is expected to see continued office demand in the future. Since many buildings are located close to the train station compared to those in the Shibuya and Ebisu areas, the Gotanda area has seen the establishment or relocation of technology start-ups in recent years. In the vicinity of the Ichigo Gotanda West Building, office buildings are concentrated along the north side of the municipal street, making this area particularly efficient for business operations, and thus the area maintains stable office demand. Demand from restaurant operators and retailers can also be expected due to the area's proximity to Gotanda Station and the large population of workers.
2. Building Features
The Ichigo Gotanda North Building is a mid-size office building located within a 4- minute walk from Gotanda Station on the JR Yamanote Line, Tokyu Ikegami Line, and Toei Subway Asakusa Line. The standard floor plate has a leasable area of 120 tsubo (c. 396m²) with a ceiling height of 2.4 meters, individual air conditioning units, and automated office floors, catering to the needs of standard tenants in this area. The building houses a grocery store on the ground floor, and tenants on the upper floors include a game app developer and a systems developer. The purpose of solicitation of investment.
The purpose of solicitation of investment.
the purpose of solicitation of investment, 2. 3. The inspection of fire-fighting equipment indicated that the water call tank needs to be replaced due to the corrosion of the water call tank in the indoor fire hydrant system. The seller agreed to rectify the problem at its own responsibility within 4 months from the acquisition date. UGS malfunctions were found in the electrical inspection. The seller has agreed to rectify the malfunctions, at its own responsibility and expense, within 4 months of the acquisition date. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
Note: Appraisal NOI Yield: 3.9% (calculated by dividing NOI by Acquisition Price) Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for (6) Details of the Ichigo Otemachi North Building
1. Location
The Uchikanda area is located north of the Otemachi area, a major office district in central Tokyo. The area has easy access to various areas in Tokyo through the use of JR and subway lines. On the back of attractive rents relative to other areas in the Chiyoda ward, which is the center of Tokyo's 23 wards, the Uchikanda area supplements demand for high-end areas such as Marunouchi and Otemachi. The neighborhood of the Ichigo Otemachi North Building is a commercial district where high-rise office buildings, office buildings with retail stores on the lower floors, and apartment buildings are located.
2. Building Features
The Ichigo Otemachi North Building is a mid-size office building located within a 6- minute walk from Kanda Station on the JR Yamanote Line, and a 3-minute walk from Awajicho Station on the Tokyo Metro Marunouchi Line and Ogawamachi Station on the Toei Shinjuku Line. The standard floor plate has a leasable area of 31 tsubo (c. 103m²) with a ceiling height of 2.55meters, individual air conditioning units, and automated office floors, catering to the needs of standard tenants in this area. Current tenants include a publisher, a travel agent, and an electronic appliance manufacturer. 3. Building Photos and Location Map
the purpose of solicitation of investment, standard level on part of the land. However, as a result of due diligence by Ichigo Office on the soil survey, the engineering report confirms that the groundwater of the land is not used as drinking water and the area where people enter and exit the property is paved with concrete, so the risk of health hazard is considered low. In preparation for future soil contamination remediation costs, Ichigo Office plans to record an asset removal obligation (JPY 7 million) in the October 2024 fiscal period. The expected soil contamination remediation cost was deducted from the initially offered price. A lease termination notification was received from one of the tenants (leased area: 105.45m² ) on April 24, 2024 for an effective termination date of October 31, 2024, and another lease termination notification was received on April 4, 2024 for an effective termination date of December 31, 2024, after which occupancy is expected to be 76.2%. 2. Note: Since the owner of the building as of April 2022 is a third party with no special relationship to Ichigo Office or IIA, occupancy is not disclosed. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.
Note: Appraisal NOI Yield: 3.7% (calculated by dividing NOI by Acquisition Price) Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for

4. Seller Profile
Office fully implemented its related party transaction procedures and received approval from its Board of Directors. Ichigo Office has obtained third-party appraisals on the acquired assets and has cross-checked the third-party appraisals with additional third- party second opinion appraisals. (2) Ichigo Hakata Gion Building, Ichigo Tenjin North Building, Ichigo Gotanda West Building, Ichigo Otemachi North Building
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.
Ichigo Estate is a related party as defined in the Enforcement Ordinance of the Investment Trust and Investment Corporation Law and the internal rules of IIA. Note: Because Ichigo Estate is a related party as defined in the Enforcement Ordinance of the Investment Trust and Investment Corporation Law, Ichigo Office fully implemented its related party transaction procedures and received approval from its Board of Directors. Ichigo Office has obtained third-party appraisals on the acquired assets and has cross-checked the third-party appraisals with additional third-party second opinion appraisals. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
Disclaimer: This release has boen prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment. 6. Broker Profile N/A 7. Acquisition Schedule

8. Earnings Impact
The impact of the acquisition on Ichigo Office's October 2024 fiscal period earnings is announced in today's release, "Upward Earnings Forecast Revision for the October 2024 Fiscal Period." Ichigo Office will announce the April 2025 fiscal period earnings forecast together with the April 2024 fiscal period earnings results scheduled in mid-June.
Reference
1. Earnings Profile of Asset Being Acquired (1) Ichigo Akihabara East Building

(2) Ichigo Hakata Meiji Dori Building

Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for
(3) Ichigo Hakata Gion Building

(4) Ichigo Tenjin North Building

(5) Ichigo Gotanda West Building (JPY million)
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.
(6) Ichigo Otemachi North Building

current and future anticipated fluctuations in occupancy. Earnings shown above are not based on assumptions provided in today's release "Upward Earnings Forecast Revision for the October 2024 Fiscal Period," and annual earnings estimates above may deviate from actual results. ² Shows first-year amounts used to calculate the DCF-based valuation, excluding one-off factors in the year of acquisition. 3 Rental Expenses include incidental expenses such as service provider fees, taxes, maintenance and repair fees, insurance premiums, and other fees. 4 Calculated based on Acquisition Price. 5 Depreciation is as estimated by Ichigo Office using the straight-line method. 6 Occupancy at acquisition is as of March 31, 2024.
ordinary maintenance within a year from the time of inspection. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for ² Long-Term Repair Expenses are defined as cumulative repair expenses considered necessary for the maintenance of the asset within 12 years from the time of inspection. The purpose of solicitation of investment.
The purpose of solicitation of investment.
Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment,
details of the asset sale, please refer to the April 24, 2024 release "Sale of Two Portfolio Assets (Ichigo Ofuna Building, Ichigo Kudan 2 Chome Building)." ² Central Tokyo refers to Chiyoda, Minato, Chuo, Shinjuku, Shibuya, and Shinagawa Wards. Tokyo Metro Area refers to Tokyo (excluding the six wards above), Kanagawa, Chiba, and Saitama Prefectures. Four Major Regional Cities refers to Osaka, Nagoya, Fukuoka, and Sapporo. ³ % of Portfolio is based upon acquisition price. Disclaimer: This release has been prepared for the purpose of announcing to the public certain matters relating to asset acquisitions, and has not been prepared for the purpose of solicitation of investment.