It is our sincere hope that this message finds all our unitholders well and prosperous.

　We are pleased to announce that ESCON JAPAN REIT Investment Corporation (hereinafter,”ESCON REIT”) has successfully completed its 16th fiscal period (August 1, 2024 to January 31, 2025). We would like to express our sincere gratitude once again for your generous support.

　For the fiscal period ended January 31, 2025, ESCON REIT focused on internal growth by improving the financial balance of utility expenses through initiatives such as reducing electricity usage, and by lowering various operating expenses, including repair costs. As a result, the distribution per unit increased by 194 yen from the previous forecast to 3,474 yen. Furthermore, ESCON REIT completed the acquisition of the “KOHNAN tonarie Yamato-Takada Store(leasehold land)” in April 2025. This property is a commercial leasehold land adjacent to the “tonarie Yamato-Takada” commercial facility, which is owned by ESCON REIT. And the prooerty is leased to the “KOHNAN” Home Center. This acquisition is expected to improve the overall convenience of the area centered around “tonarie Yamato-Takada”, revitalize the local community, and improve the quality of our portfolio as lifestyle-focused assets, thereby contributing to enhancing unitholder value through medium- to long-term asset value growth.

　Going forward, ESCON REIT will aim to achieve steady growth in assets under management and maximize unitholder value through the investment in and management of these lifestyle-focused assets, with the cooperation of its sponsor, ES-CON JAPAN and its support company, Chubu Electric Power Co., Inc. and Chuden Real Estate Co., Inc.ESCON REIT will utilize the unique network of ES-CON ASSET MANAGEMENT Ltd. (hereinafter, the “Asset Manager”) which is the asset management company of ESCON REIT. ESCON REIT will also ensure that the operations of the lifestyle-focused assets are handled fairly and appropriately by ESCON REIT and Asset Manager.

　Therefore, we would appreciate the continued support and encouragement from our unitholders and other stakeholders.