For Translation Purposes Only February 22, 2013 For Immediate Release United Urban Investment Corporation Hisamitsu Abe Executive Officer (Securities Code: 8960) Asset Management Company: Japan REIT Advisors Co., Ltd. Kenichiro Oikawa President and CEO Inquiries: Kenichi Natsume Chief Financial Officer TEL: +81-3-5402-3680 Notice Concerning Acquisition of Properties United Urban Investment Corporation (“United Urban”) hereby announces its decision to acquire properties as set forth below on February 22, 2013. 1. Acquisition of the Property United Urban will acquire the following trust beneficial interests in real estate (referred to as individually or collectively, the “Property to be Acquired” or “Properties to be Acquired”). Scheduled Scheduled Type of Use Property Name Location (residential) Acquisition Price Acquisition Date (Note 1) (Note 2) (Note 2) Yodobashi Camera Department 1-19-1 Kichijoji-honcho, ¥28,000 million March 18, 2013 Multimedia Kichijoji Store Musashino, Tokyo 2289-3,6,8,12 Matsudo Aza Yamada Denki Tecc Iwase-sakai, Matsudo, Chiba, Land New Matsudo Store ¥5,150 million March 18, 2013 612-1,7 Iwase Aza Kajizuka, Honten Matsudo, Chiba (Note 4) Yotsuya 213 Building Hotel, 2-1-3 Yotsuya, Shinjuku, Tokyo ¥5,020 million March 18, 2013 (Note 3) Apartment, Store (Note 4) HOTEL ROUTE-INN 3-31-7 Uchiyama, Chikusa-ku, Hotel ¥2,000 million March 25, 2013 Nagoya Imaike Ekimae Nagoya, Aichi Total ¥40,170 million — (Notes) 1. Of the types indicated on the real estate register, the primary types are shown. 2. In order to ensure that each of the Properties to be Acquired is acquired on the respective scheduled acquisition dates, United Urban executed a sale and purchase agreement of trust beneficial interest (referred to as collectively or individually the “Sale and Purchase Agreement” or “Sale and Purchase Agreements”) with each seller of the Properties to be Acquired. The scheduled acquisition prices shown are based on the purchase prices stated in the respective Sale and Purchase Agreements. In addition, the prices are shown in the amount excluding acquisition costs, consumption taxes and other costs. Please refer to “4. Matters on Forward Commitments” below for details of the Sale and Purchase Agreements. 3. The name of this property was changed from “Yotsuya Tokyu Building” to “Yotsuya 213 Building” on September 3, 2012. 4. Each of the location of “Yamada Denki Tecc Land New Matsudo Honten” and “Yotsuya 213 Building” shows the location indicated on the real estate register for the building because the location of property is not assigned an indication of residential address. This press release has been prepared for the purpose of announcing to the public certain matters relating to the acquisition of properties by United Urban Investment Corporation, and not for the purpose of soliciting any investment. United Urban asks that investors make investment decisions only after they have made sure to refer to the prospectus for the issue of new investment units and secondary offering of investment units as well as amendments thereto (if any) prepared by United Urban, and that the investment decisions are made at their discretion and responsibility. 1 2. Reasons for Acquisition In accordance with the basic asset-management policy and its investment approach prescribed in its Articles of Incorporation, United Urban will acquire the Properties to be Acquired for the purpose of expanding the asset size, enhancing the quality and profitability of the portfolio, and further diversifying its investment assets in the type of use. United Urban considers that the expansion in asset size and diversification of investment assets to be achieved through the acquisition of the Properties to be Acquired will improve the profitability and stability of the portfolio, which will result in a stable growth in the medium- to long-term, and thus enable United Urban to pay out a stable cash distribution. After the acquisition of the Properties to be Acquired, the asset size of United Urban will total ¥466.9 billion (based on acquisition price), and the number of properties will be 97. Moreover, for details of the Properties to be Acquired, please refer to “3.Details of Acquisition” below. 3. Details of Acquisition A. Yodobashi Camera Multimedia Kichijoji (1) Reason for Acquisition In making the decision to acquire Yodobashi Camera Multimedia Kichijoji (hereinafter, the “Property” in this section A), the following aspects were especially appreciated. 1. Location The property attracts a lot of customers as it is located in a convenient 3-minute walk from Kichijoji station and in a location with excellent visibility, facing “Kichijoji-Odori,” which is leading from the station. Musashino, Tokyo, where the Property is located, is popular as a residential area as it has good access to central Tokyo, while being a relatively silent neighborhood. In recent years, the population and the number of households of the city are on the increase. Income level of the households living in the surrounding area are higher than that of the national average or the average of Tokyo, and their purchasing power is observed to be sufficient, making this area a suitable place to operate a retail store. 2. Building The building of the Property was originally used as department store and furniture store. The building underwent a large-scale renovation work from 2006 through 2008, and since June 2007, the building has been used as a retail facility, with “Yodobashi Camera Multimedia Kichijoji” as the core tenant. The portion of the building from the 1st basement level to the 5th floor of the building is used by “Yodobashi Camera Multimedia Kichijoji”. The 6th and the 7th floors are used as specialized store floors, occupied by apparel/clothing stores and a music CD store, etc. The 8th floor is used as a restaurant floor. During the large-scale renovation work, almost all of the equipments (including air conditioning machines and elevators), outer wall and interiors were fully replaced and refurbished, except for the building frame and some equipment such as the power generator, etc. Therefore, despite the building of the Property has been built in 1974, the specification of this building was restored to almost a brand-new state, upon the completion of such large-scale renovation work. The building of the Property was designed and built in accordance with the anti-seismic standard under the Building Standard Law prior to 1981 Amendment (also known as former anti-seismic standard). However, a seismic diagnosis and seismic reinforcement design were implemented, and following a seismic retrofitting assessment by the Tokyo Association of Architectural Firms, an anti-seismic reinforcement work was implemented in 2007. 3. Tenants, etc. The Property is leased in its entirety to Yodobashi Camera Co., Ltd., a major consumer electronics retailer. The tenant has a 20-year, long-term fixed lease agreement with the trustee (the remaining lease period thereof is approximately 14 years). Therefore, United Urban anticipates stable income over the medium and long-term. Moreover, the building tenant includes major national brands such as UNIQLO, ABC-MART and Tower Records who subleases the Property from Yodobashi Camera Co., Ltd, which makes the Property meet various consumer demands, highly convenient and attract customers, and thus United Urban anticipates stable occupancy and profitability going forward. This press release has been prepared for the purpose of announcing to the public certain matters relating to the acquisition of properties by United Urban Investment Corporation, and not for the purpose of soliciting any investment. United Urban asks that investors make investment decisions only after they have made sure to refer to the prospectus for the issue of new investment units and secondary offering of investment units as well as amendments thereto (if any) prepared by United Urban, and that the investment decisions are made at their discretion and responsibility. 2 4. Exercise of preferential negotiation right United Urban acquires the Property this time by exercising the preferential negotiation right which was granted to United Urban (hereinafter, the “Preferential Negotiation Right” in this section A) in connection with the investment in anonymous association (tokumei kumiai) equity interest of Godo Kaisha Kichijoji YCM Funding (hereinafter, the “Godo Kaisha” in this section A). United Urban carefully considered the exercise of the Preferential Negotiation Right and the acquisition of the Property, paying attention to the effect on the composition and profitability of its entire portfolio, and taking into account the management environment of United Urban, such as trends in the stock markets and the financial markets, and real estate market conditions, etc. Consequently, United Urban judged that this is an opportune time to acquire the Property with an appraisal value of ¥30,200 million (as of December 31, 2012) at an opportune purchase price of ¥28,000 million, and that the Property would contribute to a further expansion of the portfolio and to an increase in its quality. Therefore, United Urban exercises the Preferential Negotiation Right and acquires the Property. Moreover, for an overview of investment in anonymous association equity interest of the Godo Kaisha and the Preferential Negotiation Right, please refer to “Notice Concerning Acquisition of Interest for Anonymous Association” dated December 26, 2011. (2) Summary of Acquisition 1. Asset to be Acquired : Trust beneficial interest in real estate 2. Property Name : Yodobashi Camera Multimedia Kichijoji 3. Scheduled Acquisition Price : ¥ 28,000 million 4. Agreement Date : February 22, 2013 (conclusion of the Sale and Purchase Agreement） 5. Scheduled Acquisition Date : March 18, 2013 (transfer of trust beneficial interest) 6. Seller : Godo Kaisha Kichijoji YCM Funding 7. Financing : Proceeds by the issuance of new investment units by way of offering, borrowing, and cash on hand (scheduled) 8. Date of Payment : March 18, 2013 (scheduled) (3) Outline of the Property Property Name Yodobashi Camera Multimedia Kichijoji Type of the Property Trust beneficial interest in real estate Trustee Mizuho Trust & Banking Co., Ltd.