Frontier Real Estate Investment : Notice Concerning Completion of the Acquisition of Real Estate Property in Japan (Yaoko Sagamihara Hikarigaoka Store)

Translation Purpose Only

May 1, 2024

To All Concerned Parties

6-8-7 Ginza, Chuo-ku, Tokyo

Frontier Real Estate Investment Corporation

Toshihide Ichikawa, Executive Director

(Securities Code: 8964)

Asset Management Company:

Mitsui Fudosan Frontier REIT Management Inc.

Shigekazu Yokochi

Chief Executive Officer and Representative Director

Inquiries:

Mitsui Fudosan Frontier REIT Management Inc.

Teruyuki Hayashi

Chief Finance Officer and Director

Tel: +81-3-3289-0440

Notice Concerning Completion of the Acquisition of Real Estate Property in Japan

(Yaoko Sagamihara Hikarigaoka Store)

Frontier Real Estate Investment Corporation hereby announces that the acquisition of real estate (the

"Acquisition") has completed today, as stated in the March 15, 2024 press release titled "Notice Concerning

Acquisition of Real Estate Properties in Japan (Yaoko Sagamihara Hikarigaoka Store and Yaoko Nishiomiya

Store)".

*1 The amount noted here excludes miscellaneous acquisition costs, real property taxes, city planning taxes, consumption taxes, etc.

*2 Not disclosed as the Investment Corporation has not obtained the seller's permission to do so. The seller has no capital relationship, personal relationship, business relationship or other relationship of interest with the investment Corporation or Asset Management Company.

2. Others

Please refer to the press release "Notice Concerning Acquisition of Real Estate Properties in Japan (Yaoko Sagamihara Hikarigaoka Store and Yaoko Nishiomiya Store)" announced on March 15, 2024 for details.

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Translation Purpose Only

Frontier Real Estate Investment Corporation website: https://www.frontier-reit.co.jp/en/

Disclaimer

This information was originally publicized in the original Japanese language and has been translated for reference purposes only. Frontier Real Estate Investment Corporation guarantees neither the completeness nor the accuracy of this English translation. For complete and accurate information, please refer to the press release in Japanese. In addition, this press release is not prepared as an inducement or invitation for investment. All readers are advised to consult their own investment advisors before investing in the Investment Corporation. Investment decisions are made at the investor's sole discretion and responsibility and are made at their own risk. The Investment Corporation and its affiliates disclaim any responsibility or liability for the consequence of investmen t in the Investment Corporation.

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