Japan Metropolitan Fund Investment Corporation (JMF) announced that KJR Management, JMF's asset manager (the Asset Manager), determined to acquire of the trust beneficiary right in real estate in Japan, the real estate in Japan and preferential negotiation rights and dispose of the trust beneficiary right in real estate in Japan and the real estate in Japan as outlined below. Overview of Acquisition: Property name: JMF-Residence Osaka Noda; Location: Tamagawa, Fukushima-ku, Osaka-shi, Osaka; Asset class: Residence; Type of asset: Trust beneficiary right in real estate; Acquisition price: JPY 1,450 million; Appraisal value: JPY 1,560 million; Contract completion date: October 19, 2022; Acquisition date: December 23, 2022; Seller: SUNADAPROPER TY.INC. Property name: JMF-Residence Kita-Shinagawa; Location: Kita-shinagawa, Shinagawa-ku, Tokyo; Asset class: Residence; Type of asset: Trust beneficiary right in real estate; Acquisition price: JPY 1,900 million; Appraisal value: JPY 2,250 million; Contract completion date: October 21, 2022; Acquisition date: March 1, 2023; Property name: JMF-Residence Osaka Fukushima; Location: Oyodominami, Kita-ku, Osaka-shi, Osaka; Asset class: Residence; Type of asset: Trust beneficiary right in real estate; Acquisition price: JPY 1,518 million; Appraisal value: JPY 1,690 million; Contract completion date: October 21, 2022; Acquisition date: March 1, 2023; Property name: JMF-Residence Ikebukuro 1-chome; Location: Ikebukuro, Toshima-ku, Tokyo; Asset class: Residence; Type of asset: Trust beneficiary right in real estate; Acquisition price: JPY 1,670 million; Appraisal value: JPY 1,830 million; Contract completion date: October 21, 2022; Acquisition date: March 1, 2023; Seller: Hoosiers Asset Management Co. Ltd. Property name: JMF-Residence Machida; Location: Machida-shi, Tokyo; Asset class: Residence; Type of asset: real estate; Acquisition price: JPY 4,059 million; Appraisal value: JPY 4,290 million; Contract completion date: October 21, 2022; Acquisition date: October 2, 2023; Seller: ES-CON JAPAN Ltd.