Supplementary Explanation Materials Regarding the Press Release Published on March 10, 2026

Overview of Property Acquisitions and Disposals

From October 2025 to March 2026, ORIX JREIT Inc. plans to acquire properties totaling 85.9 billion yen in acquisition price, focusing primarily on offices and hotels. Major acquisitions include Kamata Prime (11.3 billion yen), Holiday Inn Express Osaka City Center Midosuji (22.516 billion yen), and MIMARU SUITES Kyoto Shijo (2.55 billion yen). Simultaneously, disposals totaling 35.1 billion yen are being advanced, targeting properties such as Hamamatsu Act Tower, Aoyama Suncrest Building, and Kita-Aoyama Building. Through these portfolio adjustments, the company aims to improve profitability and asset age profile, targeting an annual DPU growth of 3% plus alpha.

Key Points of Investment Strategy and Future Outlook

Acquired properties emphasize offices in the Tokyo metropolitan area with high transportation accessibility and rarity, offices with potential for future rent increases, and hotels in the Kansai area capturing inbound demand. Compared to disposed assets, improvements in appraisal NOI yield and asset age have been made, expected to contribute to portfolio income expansion and profitability enhancement. In particular, gains from the sale of Hamamatsu Act Tower and income contribution from acquired properties are expected to drive further DPU growth in the fiscal year ending August 2026.