Notice Regarding Transfer of Domestic Real Estate Trust Beneficiary Rights

Overview and Purpose of the Transfer

Japan Metropolitan Fund Investment Corporation, through its asset manager KJR Management, has decided to sell the domestic real estate trust beneficiary rights for JMF Residence Sakuranomiya, JMF Residence Miyakojima, and JMF Residence Tenjinbashisuji Rokuchome. The combined appraisal value of the three properties to be transferred is approximately 5,700 million yen, the planned transfer date is 2027-03-05, and the plan is to return in full the sale proceeds of approximately 700 million yen in the fiscal period ending August 2027. The proceeds from the sale will be used to replace assets with higher-yielding residential properties and to strengthen the quality and earnings power of the portfolio.

Future Impact and Outlook

The execution of the transfer aims to improve DPU by returning all sale proceeds to unitholders, targeting improved profitability. The transferee is undisclosed, the transfer agreement will be executed in a lump sum at delivery, and settlement is scheduled for 2027-03-05. The post-transfer operating outlook follows the policy described in the financial summary for the fiscal period ending August 2026, which is to enhance the overall portfolio quality through reinvestment of the sale proceeds.