エスティメゾン登戸、積水ハウス・リート投資法人が4.9億円で取得

Overview of the Acquisition of the Main Asset Property, Estimezon Toride

Name (Note 1) Use Location Expected Acquisition Price (Note 2) Expected Acquisition Date Acquirer (Note 3) Estimezon Toride Residence Kanagawa Prefecture, Kawasaki City ¥490 million October 3, 2023 Undisclosed (1) Type of Specific Asset: Beneficial interests in domestic real estate held in trust as trust property. (2) Contract Date: September 27, 2023 (3) Mediator: Yes (Note 4) (4) Acquisition Funds: Self-funding (5) Settlement Method: Full payment upon delivery

(Note 1) The property name “Estimezon Toride” is currently “Liberte Toride” as of today. However, after the acquisition of the property by this investment corporation and after a certain period of notification to the tenants, the property’s brand name will be changed to “Estimezon,” so the updated property name is listed here. The same applies below. (Note 2) The “Expected Acquisition Price” is the sale price listed in the trust beneficial interests transfer agreement concluded between this investment corporation and the acquirer (excluding consumption tax, local consumption tax, and various fees, rounded down to the nearest million yen). The same applies below. (Note 3) “Acquirer” is undisclosed since consent for disclosure has not been obtained from the acquirer. (Note 4) The mediator in question does not have any significant capital, personnel, or transaction relationships with this investment corporation or the asset management company, and is not considered a related party, etc., of this investment corporation or the asset management company.

———– Overview of Earthquake PML Evaluation PML Value: 7.4% Survey Company: Sompo Risk Management Corporation Designers, Contractors, and Inspection Agencies Building Designer: Okada Comprehensive Planning Co., Ltd. Structural Designer: Umeda Design Office Construction Company: Ishiguro Construction Co., Ltd. Inspection Agency: Kawasaki City Building Inspector Special Notes Part of the land is owned by the Ministry of Land, Infrastructure, Transport, and Tourism, and it has underground river pipes.

——————— . Contents of the Planned Acquisition Asset Overview of Specific Asset Property Name: Estimezon Toride Type of Specific Asset: Beneficial interests in trust Trustee: Mizuho Trust & Banking Co., Ltd. (planned) Trust Agreement Period: From October 3, 2023, to the end of October 2033 (planned) Expected Acquisition Price: ¥490 million Appraised Value (as of the pricing date): ¥510 million (September 1, 2023) Appraisal Agency: JLL Mori Trust Appraisal Co., Ltd. Location (Residential Address): 364-1 Toride Shinmachi, Tama-ku, Kawasaki City, Kanagawa Prefecture Land Parcel: 364-1, 364-2 Toride Shinmachi, Tama-ku, Kawasaki City, Kanagawa Prefecture Land Area: 368.68 square meters Usage Zone: Category 1 Residential Area Building Coverage Ratio: 60% Floor Area Ratio: 200% Ownership Form: Ownership Building Usage: Multi-unit residential Construction Date: January 2008 Structure/Floors: Reinforced concrete construction, 5 above-ground floors Gross Floor Area: 798.18 square meters Ownership Form: Ownership Presence of Collateral: None Status of Lease and Management Leasable Area: 657.79 square meters (31 leasable units) Leased Area: 657.79 square meters (31 leased units) Occupancy Rate: 100.0% (as of the end of August 2023) Number of Tenants: 1 Monthly Rent: ¥2,391,000 Security Deposit: ¥2,467,000 Property Management Company: Haseko Live Net Co., Ltd. (planned) Master Lease Company: Haseko Live Net Co., Ltd. (planned) Master Lease Type: Pass-through Lease Period: From October 3, 2023, to October 2, 2024 (planned) Summary of Building Condition Survey Reacquisition Price: ¥216 million Repair Costs Emergency Repairs: – Short-term Repairs: – Long-term Repairs: ¥2,226,000 Survey Company: Tokyo Building Inspection Organization Co., Ltd.

For more details, please visit the link to Sekisui House REIT Investment Corporation: https://sekisuihouse-reit.co.jp/