Notice Regarding Acquisition of Domestic Real Estate Trust Beneficiary Interests (Estimezon Kawasaki Honmachi)

Overview of the Acquired Asset

Sekisui House Reit, Inc. plans to acquire the trust beneficiary interest of the residential property 'Estimezon Kawasaki Honmachi' (formerly Cosmo Lead Kawasaki) located in Kawasaki Ward, Kawasaki City, Kanagawa Prefecture for 1,810 million yen. The property is an 11-story building with 70 units comprising 1R and 1K layouts, situated approximately a 13-minute walk from Kawasaki Station on the JR Keihin-Tohoku Line. The location offers high convenience for daily living and commuting. The acquisition date is 2026-03-26, with the entire acquisition fund to be paid from own capital. The appraised value is 1,970 million yen, with an appraised NOI yield of 4.3% and a depreciated yield of 3.7%.

Future Outlook

The impact of this asset acquisition on earnings is minimal, and there is no revision to the operational outlook for the fiscal periods ending April 2026 and October 2026 as disclosed in the financial summary for the fiscal period ending October 2025. The acquired property is located within Sekisui House Reit’s core investment areas in the Tokyo metropolitan region, aiming to enhance the residential portfolio and strengthen the revenue base. After acquisition, property management will be entrusted to Haseko Livenet Co., Ltd., and a master lease agreement will be concluded with the same company.