Agenda

February 2022（20th）Fiscal Period

Highlights

P3

Financial Results

P5

Initiatives for Further Growth

P13

Japan Logistics Real Estate Market

P27

Characteristics of GLP J-REIT

P32

APPENDIX

P39

Highlights

Highlights

Strong DPU Growth and Active ESG Initiatives

Strong DPU growth

Feb. 2022 period Actual DPU: 3,169 yen (Record-high), +15.3% vs forecast in Oct. 2021 Aug. 2022 period Forecasted DPU: 3,021 yen, +11.8% vs forecast in Oct. 2021

Asset disposal analyzing transaction market

Successfully distributed unrealized gain1 through the sale of GLP Fukusaki at a price 31% higher than the appraisal value

Portfolio management balancing growth and stability

  • Achieved a strong rent increase of 5.3%, continuing strong internal growth

  • Secured 87% of the lease maturing in the Aug. 2022 period

    Internal growth through value-added initiatives

  • Maximized customer advantages and realized rent increase through the value-added initiatives such as renewable energy implementation

Strengthening debt finance to control costs and improve stability

Issued low-interest sustainability bonds, leveraging investor preferences for ESG Successful issuance in a volatile bond market at a competitive rate compared to past cases

  • Steady progress on ESG targets in FY2021 through active initiatives

  • Add new ESG targets and published 2021 ESG report

  • Supporting local community through the execution of new cooperation agreements on disaster management with five local governments

The notes on this page constitute an integral part of this transaction. See P.59

Financial Results

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GLP J-REIT published this content on 13 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2022 06:04:08 UTC.