Japan Hotel Reit Investment CorporationTSE: 8985

Notice Concerning Completion of Acquisition of Domestic Real Estate Beneficial Interests in Trust (MIMARU Tokyo Shinjuku West and HOTEL AMANEK Shinjuku-Kabukicho.)

· 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.

July 12, 2024

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 and CEO

Contact:

Makoto Hanamura

Director of the Board, Managing Director

Head of Finance and Planning Division

TEL: +81-3-6422-0530

Notice Concerning Completion of Acquisition of Domestic Real Estate Beneficial Interests in Trust

(MIMARU Tokyo Shinjuku West and HOTEL AMANEK Shinjuku-Kabukicho.)

Japan Hotel REIT Investment Corporation (hereinafter called "JHR") is pleased to announce that JHR completed the acquisition today of the following assets today in accordance with the press release "Notice Concerning Acquisition and Lease of Domestic Real Estate Beneficial Interests in Trust (OKINAWA HARBORVIEW HOTEL, Southern Beach Hotel & Resort OKINAWA, MIMARU Tokyo Shinjuku West and HOTEL AMANEK Shinjuku-Kabukicho.)" dated June 24, 2024.

Summary of the Acquired Assets

Name of

MIMARU Tokyo

HOTEL AMANEK

Total

acquired assets

Shinjuku West

Shinjuku-Kabukicho.

Real estate beneficial

Category of

interests in trust and

Real estate beneficial

-

acquired assets

movable assets associated

interest in trust

with the hotel

Acquisition price

JPY9,645,000 thousand

JPY8,845,000 thousand

JPY18,490,000 thousand

(*1)

(*1) The acquisition prices are based on the purchase and sale agreements of beneficiary interests in trust, etc. for acquiring the assets (consumption tax, local consumption tax and the acquisition expense such as brokerage fee are not included).

(*2) For details of the acquired assets above, please refer to the press release "Notice Concerning Acquisition and Lease of Domestic Real Estate Beneficial Interests in Trust (OKINAWA HARBORVIEW HOTEL, Southern Beach Hotel & Resort OKINAWA, MIMARU Tokyo Shinjuku West and HOTEL AMANEK Shinjuku-Kabukicho.)" dated June 24, 2024.

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

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