Japan Hotel Reit Investment CorporationTSE: 8985

Notice Concerning Change in Outlook of Credit Rating

· Issued by Japan Hotel REIT Investment Corporation


This English translation is provided for information purposes only. If any discrepancy is identified between this translation and the Japanese original, the Japanese original shall prevail.

June 2, 2025 REIT Issuer:

Japan Hotel REIT Investment Corporation (TSE code: 8985) Kaname Masuda, Executive Director

Asset Management Company:

Japan Hotel REIT Advisors Co., Ltd. Hiroyuki Aoki, President & CEO Contact:

Makoto Hanamura

Director of the Board, Managing Director Head of Finance and Planning Division TEL: +81-3-6422-0530

‌Notice Concerning Change in Outlook of Credit Rating

Japan Hotel REIT Investment Corporation (hereinafter called "JHR") informs you that Rating and Investment Information, Inc. (hereinafter called "R&I"), from which JHR receives its credit rating, has today publicly announced that it has changed the outlook of JHR's issuer rating as follows.

1. Details of the Change

Before

After

Issuer Rating

A

A

Rating Outlook

Stable

Positive

  • ‌For details, please refer to the News Release and the R&I website.‌

    Website of R&I: https://www.r-i.co.jp/en/

  • Website of Japan Hotel REIT Investment Corporation: https://www.jhrth.co.jp/en/

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