News Release

June 2, 2021

Kenedix, Inc.

Notice Concerning Additional Acquisition of KDO Investment Units

Kenedix, Inc.("KDX") has announced today that it acquired investment units of Kenedix Office Investment Corporation ("KDO") as follows.

1. Outline of Additional Acquisition

1.

Total number of investment units acquired

4,068 units

2.

Acquisition period

March 15, 2021 through May 13, 2021

3.

Acquisition method

Market purchase on consignment to a

securities company

4.

Status of holding investment units of KDO

1.46% of the total number of investment units

after the acquisition

issued by KDO, or 6,258 units

2. Reason for Additional Acquisition

This transaction, increasing the number of investment units of KDO held by KDX, is intended to strengthen the same boat nature of KDO as an effort to improve the unitholder value of KDO and to align the interests of the KDO unitholders with those of KDX as a sponsor.

Please note that this document is a translation of the official announcement that was released in Tokyo. The translation is prepared and provided for the purpose of the readers' convenience only. All readers are strongly recommended to refer to the original Japanese version of the news release for complete and accurate information.

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Disclaimer

Kenedix Inc. published this content on 02 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2021 06:38:04 UTC.