Mitsubishi Estate Logistics REIT Investment Corporation announced that it has decided to acquire a property in the form of trust beneficiary interest as described. Category: Logistics Facilities. Property Name: MJ Logipark Ichinomiya 1 Location: Ichinomiya, Aichi.

Anticipated Acquisition Price JPY 5,851 million. Appraisal Value: JPY 6,790 million. Appraisal NOI Yield (%): 4.9%.

Anticipated Acquisition Date: August 1, 2024. The characteristics of the New Property are as follows: · A 4-story, box-type logistics facility, A facility supporting efficient operation, with 4 vertical conveyors and 2 cargo elevators installed in the warehouse section, equipped with platform-type truck berths for 22 vehicles as well. Pleasant labor environment, equipped with the approximately 60m2 refreshing room dedicated to tenant workers, and ladies' restrooms with large mirrors at every floor.

Location at a hub of extensive road networks, functioning as a point of connection of routes toward the Tokyo Metropolitan Area, Osaka Metropolitan Area and Hokuriku region. Employment security is advantageous due to the large number of residents in the surrounding area Approximately 2.5km from ?Ichinomiya Naka IC? on Nagoya Expressway No.

16 Ichinomiya Line Little over 3km from ?Ichinomiya Kisogawa IC? on Tokai-Hokuriku Expressway Approximately 6km from ?Ichinomiya IC? on Meishin Expressway Approximately 130m from the ?Naka Hoken Center bus stop?

of Ichinomiya City Community Bus. Anticipated acquisition price: JPY 5,851,100,000.