Mitsubishi Estate Logistics REIT Investment Corporation announced that it has decided to acquire a property in the form of trust beneficiary interest as described. Category is Logistics Facilities. Property Name is MJ Logipark Kakogawa 1. Location is Kakogawa, Hyogo.

Anticipated Acquisition Price is JPY 7,423 Millions. Appraisal Value is JPY 7,750 Millions. Appraisal NOI Yield is 4.6%.

Anticipated Acquisition Date is September 29, 2023. The characteristics of the New Property are as follows: A 4-story multi-tenant logistics facility; A facility equipped with truck berths on the north-eastern and south-western sides of the first floor accessible by large-size vehicles, and the slope providing large-size vehicles direct access to the second floor; Sufficient vertical conveying capacity with 4 cargo elevators and 4 vertical conveyers Advantageous location for delivery operation covering extensive areas of western Japan, and meeting; requirements as a hub for long-distance transportation A location with both high transportation convenience and ease of securing employment, facing the National Route 2 Bypass (side road) and within walking distance from "Higashi Kakogawa Station" on JR Kobe Line; Approximately 700m from National Route 2; and approximately 2.7km from "Akashi-Nishi IC" on Daini Shinmei Road; approximately 1.1km (a 14-minute walk) from "Higashi Kakogawa Station" on JR Kobe Line.