LaSalle LOGIPORT REIT ("LLR") announced that it has decided to acquire the following tokumei kumiai equity interest of Urayasu Properties GK and to acquire. The following tokumei kUMiai equity interest of Okinawa Itoman Properties GK and together with the "TK Equity Interest") may be referred to as the 'Acquisition Acquisition'. Details of the disposition of LOGIPORT Nagareyama B are described in the "Notice regarding partial disposition of domestic real estate trust beneficiary interests" dated October 16, 2023.

reasons for the Acquisition. As part of its value-added strategy, LLR makes indirect investments that can achieve high profitability while controlling risk, and its investment targets include occupied properties that are expected to generate stable, long-term cash flow. The company decided to make the Acquisition because The company expects high profitability and stable long-term dividend income by investing in a silent partnership interest backed by properties that meet the above investment objectives.

Urayasu Properties GK plans to acquire Urayasu Logistics Center in connection with LLR's plans to invest JPY 320 million (The TK Equity Interest represents 49.5% of the total TK equity to be offered for the acquisition of the Subject Property. In addition, the company will acquire long-term preferential negotiating rights (the "Preerential Negotiating Rights") for the acquisition of real estate trust beneficiary interests through the investment in the TK Equity Interest. With regard to the TK Equity Interest, the company have obtained an evaluation report and have examined the appropriateness of the investment.

In the event that distribution income from the TK Equity Interest in the anonymous association arises, the estimated amount will be disclosed in the financial results etc. The TK Equity Interest fall under the category of real estate-related assets, and the amount of real estate, etc. is expected to account for more than 70% of the total amount of assets under management, etc.

of LLR after the Acquisition. As there is no established secondary market for the TK Equity Interest, their liquidity is low, and it may be difficult to sell them at the appropriate time and price even if LLR intends to sell them. However, LLR will acquire the TK Equity Interest as part of its Excess Returns Strategy as above and does not expect to sell the TK Equity Interest.

When acquiring the TK Equity Interest, LLR will invest based on a comprehensive judgment, taking into consideration the portfolio investment criteria and due diligence criteria stipulated in its investment guidelines, as well as points to be considered when investing in real estate backed securities. As of April 17, 2024, no decision has been made by LLR to acquire the Subject Property and there is no guarantee that LLR will be able to acquire the Subject Property in the future. Details of the Acquisition.

Overview of the silent partnership in which the investment is made The Silent Partnership. Operator name, Urayasu Properties, Godo Kaisha, Total amount of TK Equity B, 650 million, Effective period of TK equity B agreement, Until March 21, 2030., Provided, however, if the operator's debt is not paid off, the period will be automatically extended until the day following the day on which the debt is paid in full., Overview of TK equity agreement (as of March 19, 2025), The following is an overview of the TK equity agreement (Note 1), The following is an Overview of the TK equity agreement.