Kenedix Office Investment : Notice Concerning Acquisition of Certification for CASBEE for Real Estate

Translation of Japanese Original

December 10, 2021

To All Concerned Parties

REIT Issuer:

Kenedix Office Investment Corporation

Hiroaki Momoi, Executive Director

(Securities Code: 8972)

Asset Management Company:

Kenedix Real Estate Fund Management, Inc.

Masahiko Tajima, President & CEO

Inquiries:

Hiroaki Momoi

Head of Strategic Planning,

Office REIT Department

TEL: [phone]

Notice Concerning Acquisition of Certification for CASBEE for Real Estate

Kenedix Office Investment Corporation ("the Investment Corporation") has announced that it received Certification for CASBEE (Comprehensive Assessment System for Built Environment Efficiency ) for Real Estate for three owned buildings today.

The total number of properties that acquired Certification for CASBEE for Real Estate reaches 24 among the Investment Corporation's properties after the acquisition.

1. Property Acquired Certification for CASBEE for Real Estate and Certification Rank

Properties acquired Certification for CASBEE for Real Estate and the certification ranks are as follows.

	Property Name			Location		Certification Rank
	Higashi-Kayabacho Yuraku	1-17-25	Shinkawa, Chuo-ku, Tokyo
	Building
	KDX Shiba-Daimon Building	2-10-12	Shiba-Daimon,Minato-ku, Tokyo
						Rank A ★★★★
			1-3-11Hakata-eki Minami, Hakata-ku,
	KDX Hakata-Minami Building
		Fukuoka, Fukuoka

2. Overview of Certification for CASBEE for Real Estate

CASBEE is an evaluation system for rating the environmental performance of buildings, developed under the auspices of the Ministry of Land, Infrastructure, Transport and Tourism. The system rates the overall environmental performance of buildings from two perspectives; the evaluation of the environmental quality and performance of buildings themselves and the external environmental load of buildings.

1

Certification for CASBEE for Real Estate is rated in four scales: rank S, rank A, rank B+ and rank B for buildings with 1 or more years old after completion.

3. Initiatives for Sustainability

The Investment Corporation promotes ESG (Environment, Social and Governance) measures based on "Sustainability Policies" established by the Asset Management Company.

As a pioneer in J-REIT focusing on mid-sized office buildings, the Investment Corporation will continue to advance environmental and energy conservation measures as well as efficient energy use for its own office buildings with the support of outside consultants and proactively promote initiatives for sustainability.

For the Investment Corporation's environmental policies and specific efforts, please refer to the following.

The Investment Corporation's initiatives for sustainability:https://www.kdo-reit.com/en/sustainability/sustainability.html

The Investment Corporation's website: https://www.kdo-reit.com/en/

This notice is the English translation of the Japanese announcement on our website released on December 10, 2021. However, no assurance or warranties are given for the completeness or accuracy of this English translation.

2