Notice Regarding Acquisition and Transfer of Domestic Real Estate Trust Beneficiary Interests (Finalization of Acquisition Price for Prologis Park Ichikawa 2 and Transfer Price for Prologis Park Funabashi 5)

Overview of Acquired and Transferred Assets

Japan Prologis REIT, Inc. has finalized the scheduled acquisition price of a 54% quasi-co-ownership interest in Prologis Park Ichikawa 2 at 27,504 million yen. The acquisition is planned to be executed multiple times between February 2026 and February 2027. Meanwhile, the quasi-co-ownership interest in Prologis Park Funabashi 5 is scheduled to be transferred at 15,700 million yen, with an expected profit of approximately 6,090 million yen over the book value. Both assets will be acquired and transferred in the form of trust beneficiary interests, with appraised values at 28,300 million yen for Ichikawa 2, while the appraisal for Funabashi 5 is unknown, but the transfer price exceeds its book value.

Future Outlook

The acquisition and transfer of these assets are expected to impact the operational results for the fiscal periods ending May 2026 and November 2026. Further details will be provided in the financial summary for the fiscal period ending November 2025. The acquisition funds will be covered by receipt of exchange differences, and interest exchange and settlement are planned to be conducted on each scheduled acquisition and transfer date. Additionally, some contents of the press release dated January 16, 2025, have been revised and updated, including adjustments to the acquisition price and scheduled acquisition dates.