Mitsui Fudosan Logistics Park : Notice of the Decision Concerning the Number of New Investment Units to be Issued through Third-Party Allotment

February 18, 2022

For Immediate Release

Real Estate Investment Trust Securities Issuer:

Mitsui Fudosan Logistics Park Inc. (Securities Code: 3471)

6-8-7 Ginza, Chuo-ku, Tokyo 104-0061

Representative: Hiroshi Asai, Executive Director

Asset Management Company:

Mitsui Fudosan Logistics REIT Management Co., Ltd.

Representative: Yukio Yoshida, President and Chief Executive

Officer

Inquiries: Tatsu Makino, Managing Director and Chief Financial

Officer

Tel. [phone]

Notice of the Decision Concerning the Number of New Investment Units to be Issued

through Third-Party Allotment

Mitsui Fudosan Logistics Park Inc. ("MFLP-REIT") today announces that, with respect to the issuance of new investment units through a third-party allotment (the "third-party allotment") resolved together with the issuance of new investment units through a public offering (primary offering) and a secondary offering of investment units (through over-allotment) at the meetings of its Board of Directors held on January 11, 2022 and January 19, 2022, MFLP-REIT received a notification from the allottee to subscribe for all of the investment units to be issued by way of the third-party allotment as follows.

(1)	Number of investment units	1,620 units (Number of new investment units expected to be issued:
	to be offered	1,620 units)
(2)	Amount to be paid in	¥ 527,576 per unit
	(issue amount)
(3)	Total amount to be paid in	¥ 854,673,120
	(total issue amount)
(4)	Allottee	A domestic underwriter
(5)	Period for subscription	Tuesday, February 22, 2022
	(subscription period)
(6)	Payment date	Thursday, February 24, 2022

(Reference)

1. The third-party allotment was approved alongside the resolutions concerning the issuance of new investment units through a public offering and a secondary offering (through over-allotment) at the meetings of

MFLP-REIT's Board of Directors on January 11, 2022 and January 19, 2022.

(Note)	For details regarding the third-party allotment, please refer to "Notice Concerning Issuance of New Investment Units and
	Secondary Offering of Investment Units," released on January 11, 2022 and "Notice of Decision of Prices, etc., Concerning
	Issuance of New Investment Units and Secondary Offering of Investment Units," released on January 19, 2022.

Note: This document is a press release that is to be made publicly available regarding the issuance of new investment units through a third-party allotment by MFLP-REIT, and has not been prepared for the purpose of solicitation of investment.

In addition, this document does not constitute an offer of securities in the U.S. The securities referred to above have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities referred to above may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.

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2. Total Number of Investment Units Issued and Outstanding after the third-party allotment Total number of investment units issued and outstanding at present

Increase in number of investment units by the third-party allotment

Total number of investment units issued and outstanding after the third-party allotment

574,380 units

1,620 units

576,000 units

3. Use of Proceeds from the third-party allotment

The net proceeds from the third-party allotment (¥854,673,120) may be allocated for the acquisition of specified assets (Note) or the repayment of borrowings in the future.

(Note) "Specified assets" are subject to Article 2, paragraph (1) of the Act on Investment Trusts and Investment Corporations of Japan.

End

*MFLP-REIT's corporate website: https://www.mflp-r.co.jp/en/

Note: This document is a press release that is to be made publicly available regarding the issuance of new investment units through a third-party allotment by MFLP-REIT, and has not been prepared for the purpose of solicitation of investment.

In addition, this document does not constitute an offer of securities in the U.S. The securities referred to above have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities referred to above may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.

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