Invesco Office J REIT : Notice Concerning the Results of Tender Offer by Starwood Capital Group

For Translation Purposes Only

June 16, 2021

For Immediate Release

Issuer of real estate investment trust securities: Invesco Office J-REIT, Inc.

6-10-1, Roppongi, Minato-ku, Tokyo

Ryukichi Nakata, Executive Director

(TSE code: 3298)

Asset Management Company:

Invesco Global Real Estate Asia Pacific, Inc. Yasuyuki Tsuji, Representative in Japan

Inquiries: Hiroto Kai, Head of Portfolio Management Department TEL. [phone]

Notice Concerning the Results of Tender Offer by Starwood Capital Group

Invesco Office J-REIT, Inc. (hereinafter referred to as the "Investment Corporation") hereby announces that, tender offer period of the tender offer (hereinafter referred to as the "Tender Offer") by 101 LPS, SDSS Investco Limited, SDSS K Investco Limited, SSF U.S. Investco S, L.P., SSF U.S. Investco C, L.P., and SOF-11 International Investco Limited, managed by the Starwood Capital Group, (hereinafter referred to collectively or individually the "Tender Offeror") for all of the issued and outstanding investment units of the Investment Corporation ended on June 15, 2021.

According to the Tender Offer Report filed today by the Tender Offeror, as the total number of tendered investment units falls short of the minimum number of share certificates, etc. to be purchased (3,877,247 units), the Tender Offeror does not purchase any of the tendered investment units.

As stated in "Notice concerning Receiving of Revised Proposal Letter regarding Tender Offer by IRE (Cayman) Limited" dated June 11, 2021, with respect to the Tender Offer, the Investment Corporation received a proposal letter on June 11, 2021, regarding the proposal dated May 20, 2021 of intention to conduct a tender offer for all of the issued and outstanding investment units of the Investment Corporation (hereinafter referred to as the "Initial Proposal"), from IRE (Cayman) Limited, a subsidiary indirectly wholly owned by Invesco Ltd., the parent company of Invesco Global Real Estate Asia Pacific, Inc., the asset management company of the Investment Corporation, containing the proposal of intention to conduct a tender offer for all of the issued and outstanding investment units of the Investment Corporation with amending a part of conditions of the Initial Proposal (hereinafter referred to as the "Revised Proposal Letter", and hereinafter the proposal described in the Revised Proposal Letter shall be referred to as the "Revised Proposal"). The Investment Corporation will continue to sincerely consider the Revised Proposal from the perspective of maximizing the value of the Investment Corporation and the common interests of its unitholders.

As for the details of the Revised Proposal, please see the Attached Material, "Re: Revised Proposal in respect of Tender Offer" of "Notice concerning Receiving of Revised Proposal Letter regarding Tender Offer by IRE (Cayman) Limited" dated June 11, 2021.

• Website address for the Investment Corporation:http://www.invesco-reit.co.jp/en/
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