SANKEI REAL ESTATE Inc. announced that Sankei Building Asset Management Co. Ltd., the asset management company to which SANKEI REAL ESTATE entrusts the management of its assets (the asset management company), has decided the disposition and acquisition (collectively, the Transaction; the assets to be disposed and the assets to be acquired in the Transaction are referred to as the Assets to be Disposed and the assets to be acquired as the Assets to be Acquired; collectively, the Assets to be Transacted) of domestic real estate trust beneficiary rights in the following properties as the previously announced Large-scale portfolio rebalancing. Overview of the Acquisition: Asset Type: Hotel; Property Number: B-4; Property Name: Hotel Intergate Kyoto Shijo Shinmachi; Location: Nakagyo-ku, Kyoto-shi; Assets to be Acquired: Real estate trust beneficiary right; Planned Acquisition Price: JPY 5,800 million.

Asset Type: Hotel; Property Number: B-5; Property Name: Hotel Intergate Kanazawa; Location: Kanazawa-shi, Ishikawa; Assets to be Acquired: Real estate trust beneficiary right; Planned Acquisition Price: JPY 3,250 million. Asset Type: Hotel; Property Number: B-6; Property Name: Grids Premium Hotel Osaka Namba; Location: Naniwa-ku, Osaka-shi; Assets to be Acquired: Real estate trust beneficiary right; Planned Acquisition Price: JPY 7,800 million.