Samty Residential Investment Corporation (Samty Residential) announced that Samty Asset Management Co. Ltd. (Asset Management Company), to which Samty Residential entrusts management of its portfolio assets, decided to acquire the following 1 property (Asset to Be Acquired). Area: Major
regional cities. Property number: A-98. Property name: S-RESIDENCE Minamimaruyama. Location: Chuo-ku, Sapporo-shi. Planned acquisition price: JPY 410 million. Date of conclusion of agreement: May 1, 2023. Planned date of acquisition: May 8, 2023. Reason for the Acquisition: Samty Residential is aiming to build a portfolio that pursues "Stability" (diversified investments in strictly selected residential properties nationwide), "Growth potential" (expansion of the portfolio size by continually investing in new properties centered on major regional cities), and "Profitability" (realization of expected high returns by investing in carefully screened residential properties located in major regional cities) through investment in residences mainly in major regional cities. The Acquisition will be made with the intent to expand the asset size steadily and improve the stability and quality of the portfolio by utilizing the sponsor support of Samty, the main sponsor of Samty Residential. With the Acquisition, Samty Residential's portfolio will consist of 178 properties with a total (planned) acquisition price of JPY 162.6 billion. Furthermore, the investment ratio by area after the Acquisition is projected to be 75.6% for regional cities (48.0% for major regional cities and 27.5% for other regional cities) and 24.4% for the greater Tokyo area based on the (planned) acquisition price.