Operation of Held Rental Properties and Their Sale to a Real Estate Investment Corporation

「Progress was made in the sale of 6 properties, including the urban rental apartment building “Prime Maison Yoga Kinuta Park” (Setagaya-ku, Tokyo), to Sekisui House Reit, Inc. Occupancy rates for properties held by the company also remained firm.」

「Progress was made in the sale and other transactions involving 6 properties, including the urban rental apartment building “Prime Maison Yoga Kinuta Park” (Setagaya-ku, Tokyo), to Sekisui House Reit, Inc.」

「A special-purpose company in which our company holds a partial investment executed a sale and purchase agreement for owned real estate expected to generate equity-method investment income, and completed handover in May 2025 (scheduled to be recorded in the third quarter).」

「In addition to selling 7 urban rental apartment properties under the "Prime Maison" brand, including Prime Maison Yushima in Bunkyo Ward, Tokyo, to Sekisui House REIT, Inc., we sold our interest in the hotel property W OSAKA in Chuo Ward, Osaka. Property sales progressed steadily in line with the plan, resulting in higher revenue.」

「We sold Prime Maison Ekoda-no-Mori in Nakano Ward, Tokyo, and Prime Maison Waseda-dori in Shinjuku Ward, Tokyo, to Sekisui House REIT, Inc. We also made steady progress with property sales in line with the plan, including the sale of our interest in Akasaka Garden City in Minato Ward, Tokyo, and a property in Minato Ward, Tokyo, that had been operated as a serviced apartment.」

「We made steady progress toward property sales in line with the plan, including the execution of sale and purchase agreements with Sekisui House REIT, Inc. for Prime Maison Ekoda-no-Mori in Nakano Ward, Tokyo, and Prime Maison Waseda-dori in Shinjuku Ward, Tokyo. Occupancy rates at group-owned properties, including office buildings and the "Prime Maison" rental housing developed by our company, also remained steady.」

「We sold Prime Maison Nakameguro in Meguro Ward, Tokyo, and Prime Maison Itabashi in Itabashi Ward, Tokyo, to Sekisui House REIT, Inc., among other properties, in line with the plan. Occupancy rates at group-owned properties, including office buildings and the "Prime Maison" rental housing developed by our company, remained steady.」

「We sold part of our interests in Grand Front Osaka in Kita Ward, Osaka, and W Osaka in Chuo Ward, Osaka, and sold rental housing, including Prime Maison Shimokitazawa in Setagaya Ward, Tokyo, to Sekisui House REIT, Inc. Occupancy rates at group-owned properties, including office buildings and the "Prime Maison" rental housing developed by our company, remained steady.」

「We sold part of our interest in W Osaka in Chuo Ward, Osaka, and 3 rental housing properties, including Prime Maison Shimokitazawa in Setagaya Ward, Tokyo, to Sekisui House REIT, Inc. Occupancy rates at group-owned properties, including office buildings and the "Prime Maison" rental housing developed by our company, remained steady.」

「Progress toward property sales proceeded steadily, including the execution of a sale and purchase agreement with Sekisui House REIT, Inc. for 5 rental housing properties, including Prime Maison Shimokitazawa in Setagaya Ward, Tokyo.」

「Progress was in line with the plan, including the partial sale of our interest in Grand Front Osaka and the sale of 3 rental housing properties, including Must Style Higashibetsuin in Naka Ward, Nagoya, to Sekisui House REIT, Inc. Occupancy rates at group-owned properties, including office buildings and the "Prime Maison" rental housing developed by our company, remained steady.」

「In the urban redevelopment business, occupancy rates remained steady at rental properties owned by our group, including office and commercial buildings and the "Prime Maison" rental housing developed by our company. We also sold part of our interest in The Ritz-Carlton Kyoto and the rental housing property Granmast Hirose-dori in Aoba Ward, Sendai, to Sekisui House REIT, Inc.」

「In the urban redevelopment business, occupancy rates remained steady at rental properties owned by our group, including office and commercial buildings and the "Prime Maison" rental housing developed by our company. We also sold office buildings, including part of our interest in Akasaka Garden City, and rental housing, including Prime Maison Hongo, to Sekisui House REIT, Inc.」

「In the urban redevelopment business, occupancy rates remained steady at rental properties owned by our group, including office and commercial buildings and the "Prime Maison" rental housing developed by our company.」

「We also sold 6 properties, including Prime Maison Shirokanedai Tower, to Sekisui House REIT, Inc.」

「We also sold 2 properties to Sekisui House REIT, Inc.: the hotel portion of Hommachi Garden City occupied by The St. Regis Osaka and part of Garden City Shinagawa Gotenyama.」

「Occupancy rates remained steady at rental properties owned by our group, including office and commercial buildings and the "Prime Maison" rental housing developed by our company. We also sold 3 properties, including Garden City Shinagawa Gotenyama, to Sekisui House REIT, Inc., as well as properties including Prime Maison Shirokanetakanawa in Minato Ward, Tokyo, to Sekisui House SI Residential Investment Corporation.」

「Otemachi Tower・JX Building (Chiyoda-ku, Tokyo) Urban redevelopment business, real estate for rent, acquired July 2016 (acquisition of a partial interest)」

「Occupancy rates remained steady at rental properties owned by our group, including office and commercial buildings and the "Prime Maison" rental housing developed by our company. We also sold 3 properties, including Garden City Shinagawa Gotenyama, to Sekisui House REIT, Inc., as well as properties including Prime Maison Shibuya to Sekisui House SI Residential Investment Corporation.」