Nippon Reit Investment CorpTSE: 3296

Notice Concerning Completion of Acquisition of Assets

· Issued by Nippon Reit Investment Corp

August 31, 2021

For Immediate Release

Real Estate Investment Trust Securities Issuer:

NIPPON REIT Investment Corporation

1-18-1, Shimbashi, Minato-ku, Tokyo

Toshio Sugita

Executive Officer

(Securities Code: 3296)

Asset Management Company:

Sojitz REIT Advisors K.K.

Toshio Sugita

President & CEO

Contact: Takahiro Ishii

General Manager

Corporate Planning Department

Finance & Planning Division

(TEL: +81-3-5501-0080)

Notice Concerning Completion of Acquisition of Assets

NIPPON REIT Investment Corporation ("NIPPON REIT") announces that it has today completed the acquisition of the following assets, as announced in the press release "Notice Concerning Acquisition and Leasing of Assets" dated August 17, 2021.

1. Overview of acquired assets

Property

Real estate in trust

Acquisition price

Acquisition counterparty

Number

Location

(million yen)

(Property Name)

(Seller)

(Note1)

(Note2)

A-74

REID-C Iidabashi Building

Chiyoda-ward,

1,195

Godo Kaisha NRT Growth 16

Tokyo

A-75

REID-C Gotenyama Building

Shinagawa-ward,

1,040

Godo Kaisha NRT Growth 16

Tokyo

B-38

Sylphide Higashi-shinagawa

Shinagawa-ward,

961

Godo Kaisha NRT Growth 16

Tokyo

B-39

Royal Bloom

Saitama,

1,100

Godo Kaisha NRT Growth 16

Saitama

B-40

Ever Square Doshin

Osaka,

609

Godo Kaisha NRT Growth 16

Osaka

B-41

Zeku Benten

Osaka,

506

Godo Kaisha NRT Growth 16

Osaka

B-42

Canis Court Kamishinjo

Osaka,

1,359

Godo Kaisha NRT Growth 16

Osaka

B-43

Imperial Otori

Sakai,

845

Godo Kaisha NRT Growth 16

Osaka

Total

7,615

-

(Note1) "Property No." is the number of each property in accordance with each asset type designated by NIPPON REIT. Capital letter of "A" represents office and "B" represents residence.

(Note2) "Acquisition price" stated as prices of trust beneficiary interests in real estate on purchase agreements of trust beneficiary rights in real estate. Furthermore, the Acquisition price excludes consumption taxes, local consumption taxes and various expenses required for the acquisition and is rounded down to the nearest million yen.

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2. Other

Please refer to the "Notice Concerning Acquisition and Leasing of Assets" dated August 17, 2021 for details.

  • NIPPON REIT Investment Corporation website:http://www.nippon-reit.com/en

This notice is the English translation of the original Japanese document and is provided solely for information purposes. There is no assurance as to the accuracy of the English translation. In the event of any discrepancy between this translation and the Japanese original, the latter shall prevail.

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