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Trust Beneficiary Interests in Real Estate and Real Estate (In Kind)) August 10, 2018 For Translation Purposes Only Real Estate Investment Trust Securities issuer: Samty Residential Investment Corporation 1‐8‐3 Marunouchi, Chiyoda‐ku, Tokyo Tetsuro kawamoto, Exective Director (Securities Code: 3459) Asset Management Company: Samty Asset Management Co., Ltd. Yosuke Masuda, President Inquiries: Izumi Jozuka General Manager Investor Relations, Finance & Plannning Department Phone: +81‐3‐5220‐3841 Notice Concerning Acquisition and Lease of Domestic Real Estate (Trust Beneficiary Interests in Real Estate and Real Estate (in Kind)) Samty Residential Investment Corporation (“Samty Residential”) announces that Samty Asset Management Co., Ltd. (the “Asset Management Company”), to which Samty Residential entrusts management of its portfolio assets, decided today to acquire and lease the 11 properties described below (the “Properties to be Acquired”). As Samty Co., Ltd., the seller of (A‐43) S‐RESIDENCE Shin Osaka Ridente, (A‐44) S‐FORT Fukushima La Luna, (A‐45) S‐FORT Fukushima Libre, (A‐46) S‐FORT Kamiyashiro, (A‐47) S‐RESIDENCE Miyanomori, (A‐48) S‐FORT Higashi‐Sapporo Nordo, (B‐21) S‐FORT Esaka Tarumicho, (B‐23) S‐FORT Motohama and (C‐22) S‐RESIDENCE Matsudo, falls under the category of an interested party, etc. as defined under the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951, as amended; the “Investment Trusts Act”), the Asset Management Company obtained the consent of Samty Residential to the acquisition based on the approval at Samty Residential’s Board of Directors’ meeting held on August 10 , 2018, pursuant to the Investment Trusts Act. Disclaimer: This translation is for informational purposes only. Neither Samty Residential Investment Corporation nor Samty Asset Management Co., Ltd. guarantees the accuracy or completeness of the translation. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shall prevail. This document is an English translation of a press release for public announcement concerning acquisition and lease of domestic real estate (trust beneficiary interests in real estate and real estate (in kind)) by Samty Residential, and has not been prepared as an inducement or invitation for investment. We caution investors to refer to Samty Residential’s prospectus (available in Japanese) and notice of amendments thereto, if any, without fail and to undertake investment at their own decision and responsibility. 1 1. Overview of the Properties to be Acquired Planned Date of Planned Property Name of Property to acquisition conclusion Acquisition Settlement Area Location （Note2） date of Seller number be Acquired price of fund method acquisition （Million yen） agreement S‐RESIDENCE Shin Yodogawa‐ku, A‐43 1,338 Osaka Ridente Osaka‐shi S‐FORT Fukushima Kita‐ku, A‐44 896 La Luna(Note1) Osaka‐shi S‐FORT Fukushima Fukushima‐ku, A‐45 538 Major Libre(Note1) Osaka‐shi Proceeds Regional S‐FORT Kamiyashiro Meito‐ku, from the A‐46 429 Cities (Note1) Nagoya‐shi Samty issuance of S‐RESIDENCE Chuo‐ku, Co.,Ltd. new A‐47 660 investment Miyanomori Sapporo‐shi (Note5) S‐FORT units Shiraishi‐ku, A‐48 Higashi‐Sapporo 303 determined (Note1) Sapporo‐shi at Samty Nordo August Lump‐sum Residential’s S‐FORT Esaka August 28, 2018 payment Suita‐shi, Board of B‐21 Tarumicho 774 10, 2018 upon (Note1) Osaka Directors’ delivery meeting NISSAY held on Other REAL S‐FORT Chuo‐ku, August 10, Regional B‐22 960 ESTATE Niigata‐Honcho(Note1) Niigata‐shi 2018, Cities SALES borrowings CO.,LTD. (Note6), Naka‐ku, S‐FORT Motohama Samty and cash on B‐23 Hamamatsu‐ 239 (Note1) Co.,Ltd. hand shi S‐FORT Nakano‐ku, Undisclosed C‐21 1,150 greator Fujimidai(Note1) Tokyo （注４） Tokyo S‐RESIDENCE Matsudo‐shi, November Samty Area C‐22 840 Matsudo(Note3) Chiba 26, 2018 Co.,Ltd. Total 8,127 (Note1) The property names indicated are names after changes were made by Samty Residential. The same follows. Samty Residential plans to change the names of the Properties to be Acquired to the names indicated in the table above as soon as they are acquired. The current names of the properties are as shown in the table below Number Current property name A‐44 SAMTY Fukushima Laluna A‐45 SAMTY Fukushima Libre A‐46 SAMTY Kamiyashiro A‐48 SAMTY Higashi‐Sapporo Nordo B‐21 SAMTY Esaka Vangelo B‐22 GEO Niigata Honmachi 7‐Bancho B‐23 SAMTY Motohama RESIDENCE C‐21 Chaleur Maison Kamisaginomiya (Note 2) “Planned acquisition price” is the amount which will be required for the acquisition of the Properties to be Acquired excluding various costs such as commissions for mediation of transaction, taxes and public dues, etc. (the amount of the price of purchase of the real estate, etc. indicated in the purchase agreements, etc. for the acquisition). Amounts less than a million yen are rounded down. (Note 3) This property has not been completed as of today. (Note 4) The seller is not disclosed as no consent to disclosure was obtained from the company. (Note 5) For details of the issuance of new investment units, please refer to the press release “Notice Concerning Issuance of New Investment Units and Secondary Offering of Investment Units” announced today by Samty Residential. (Note 6) For details of the borrowings, please refer to the press release “Notice Concerning Borrowing of Funds” announced today by Samty Residential. (Note 7) For Type of specified asset of the Properties to be Acquired, please refer to the following “Type of specified asset” column for individual properties of the Properties to be Acquired described in “3. Details of the Properties to be Acquired and Leasing (1) Overview of Individual Properties of the Properties to be Acquired.” 2. Reason for Acquisition and Leasing The acquisition and leasing of the Properties to be Acquired will be conducted based on Samty Residential’s investment policy which calls for “Stability” (diversified investments in strictly selected residential properties nationwide), “Growth potential” (expansion of the portfolio size by continually investing in new properties centered on major regional cities) and “Earnings potential” (realization of anticipated high returns by investing in carefully screened residential properties located in major regional cities). Disclaimer: This translation is for informational purposes only. Neither Samty Residential Investment Corporation nor Samty Asset Management Co., Ltd. guarantees the accuracy or completeness of the translation. If there is any discrepancy between the Japanese version and the English translation, the Japanese version shall prevail. This document is an English translation of a press release for public announcement concerning acquisition and lease of domestic real estate (trust beneficiary interests in real estate and real estate (in kind)) by Samty Residential, and has not been prepared as an inducement or invitation for investment. We caution investors to refer to Samty Residential’s prospectus (available in Japanese) and notice of amendments thereto, if any, without fail and to undertake investment at their own decision and responsibility. 2 In its Asset Management Guidelines, Samty Residential has set the targeted investment ratio of regional cities in the entire portfolio at around 70%, as well as established the policy of investing in the greater Tokyo area at around 30% as a target in order to expand the asset size and diversify the portfolio of properties. Following this policy, Samty Residential has invested in regional cities widely around Japan, without concentrating on the Greater Tokyo area. At present, however, in consideration of the current market conditions including an increase in real estate prices in the greater Tokyo area, the investment ratio in regional cities has been raised to 79.2% for acquired properties based on the acquisition price. The rise is not only due to efforts from a viewpoint of maintaining and enhancing profitability but also a reflection of the fact that Samty Residential has placed priority on increasing the stability of the portfolio through progressing diversification in expanding the number of properties incorporated in the portfolio and the number of cities where such properties are located, and increasing the number of tenants, among other measures. Furthermore, the investment ratio by area after acquiring the Properties to be Acquired are projected to be 78.8% for regional cities (55.6% for major regional cities and 23.2% for other regional cities) and 21.2% for the greater Tokyo area based on the (planned) acquisition price. Going forward, Samty Residential will aim to steadily expand the asset size pursuant to its investment policy. In line with the acquisition of the Properties to be Acquired, Samty Residential has selected lessees of the Properties to be Acquired based on the matters concerning criteria for selecting tenants set forth by Samty Residential (for details of the criteria, please refer to “Report on the Management Structure and System of the Issuer of Real Estate Investment Trust Units and Related Parties” dated April 27, 2018). For the points Samty Residential recognized upon the acquisition, please refer to the following “Characteristics of the property” for individual properties of the Properties to be Acquired described in “3. Details of the Properties to be Acquired and Leasing (1) Overview of Individual Properties of the Properties to be Acquired.” 3. Details of the Properties to be Acquired and Leasing (1) Overview of Individual Properties of the Properties to be Acquired The overview of the Property to be Acquired is as shown in the table below. Unless otherwise specified, the information in the tables describing the overview of the respective properties is as of August 10, 2018. Furthermore, the following tables may refer to real estate that are the Properties to be Acquired or real estate that are the trust assets of real estate trust beneficial interests as the “Property.” Please refer to the following terms with regard to the tables. ・ “Location” is based on the residential address. However, for properties that have no residential address, the building address on the registry is indicated.
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