GLP J REIT : Awarded 5 Stars and Green Star, Named Global and Regional Sector Leaders from GRESB

October 15, 2021

For Immediate Release

Real Estate Investment Trust Securities Issuer:

GLP J-REIT

Representative: Yoshiyuki Miura, Executive Director

(Security Code: 3281)

Asset Management Company:

GLP Japan Advisors Inc.

Representative: Yoshiyuki Miura, President

Contact: Shinji Yagiba, CFO

(TEL: +81-3-3289-9630)

Awarded 5 Stars and Green Star, Named Global and Regional Sector Leaders from GRESB

GLP J-REIT announces that it has been awarded the prestigious "5 Stars" and "Green Star" by the 2021 GRESB Real Estate Assessment in two consecutive years. It was also selected as "Global Sector Leader" in the listed logistics real estate sector and "Regional Sector Leader" in the listed and unlisted logistics real estate sector. The details are as follows.

1. GRESB Real Estate Assessment

GLP J-REIT received a "5 Star" GRESB Rating, which is based on GRESB Overall Score and its quintile position relative to global participants, and was awarded the highest rating of "5 Star" and ranked first among the listed logistics real estate sector in global out of 34 peers, first among the listed and unlisted logistics real estate sector in Asia out of 31 peers, and first out of nine Logistic J-REITs.

It also received a "Green Star" designation by achieving high performance both in "Management Component" that evaluates policies and organizational structure for ESG (Environmental, Social and Governance) promotion, and in "Performance Component" that assesses environmental performance and tenant engagement of properties owned.

Furthermore, GLPJ-REIT was selected as both Global Sector Leader in the listed logistics real estate sector and Regional Sector Leader in the listed and unlisted logistics real estate sector among Sector Leaders, titles given to the participant who achieved the highest GRESB Overall Score (and those who are within 1.0 point from the top performer).

For the results of the 2021 GRESB Real Estate Assessment, please see here.

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2. About GRESB

GRESB is an annual benchmarking assessment to measure ESG integration of real estate companies and funds, as well as the name of the organization which runs the assessment. It was established in 2009 primarily by a group of major European pension funds, which led the launch of Principles for Responsible Investment.

ARES (Association for Real Estate Securitization), JREI (Japan Real Estate Institute) and JSBC (Japan Sustainable Building Consortium) have been operating as official "GRESB Industry Partners" to promote GRESB in Japan.

GLP, the sponsor parent of GLP J-REIT, supports and commits to GRESB activities as one of the GRESB Real Estate Participant Members.

2. Future measures

GLP J-REIT will continue to implement sustainability practices, utilizing GLP Group's expertise. For more information on GLP J-REIT's sustainability initiatives, please click here.

(Note) The GLP group consists of GLP Holdings Limited, which is the parent company of GLP J-REIT's sponsor, and its group companies.

*GLP J-REIT website address: https://www.glpjreit.com/en/

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