ITOCHU Announces Listing of ITOCHU Advance Logistics Investment Corporation on Tokyo Stock Exchange Real Estate Investment Trust Securities Market in September 2018

August 1, 2018

ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announces that ITOCHU Advance Logistics Investment Corporation (headquartered in Chiyoda-ku, Tokyo; Junichi Shoji, Executive Officer; hereinafter “the Investment Company,”) which is operated by ITOCHU REIT Management Co., Ltd. (headquartered in Chiyoda-ku, Tokyo; Junichi Shoji, President & Representative Director; hereinafter “the Asset Management Company”), a consolidated subsidiary of ITOCHU, today obtained approval from the Tokyo Stock Exchange, Inc. to list the Investment Company’s investment units on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market. The expected date of listing is September 7, 2018.

The Investment Company is a listed real estate investment company mainly for investment in logistics real estate. The ITOCHU Group will help the Investment Company achieve consistent growth by leveraging the Group’s experience that it has accumulated in land purchases, facility development and the leasing of logistics properties since the early 2000 as a developer, mainly in the construction and logistics divisions in addition to the experience as a logistics operator. As a sogo shosha engaged in wide variety of commercial flows, the ITOCHU Group will contribute to the growth strategies that the Investment Company will pursue by using its broad customer network covering 100,000 companies and the presence in consumer-related businesses which has a high affinity with the logistics business.

The Investment Company is the second listed real estate investment company sponsored by the ITOCHU Group after Advance Residence Investment Corporation which has the largest asset size in residential-focused J-REIT. By taking full advantage of the operational know-how that it has accumulated in the group, the ITOCHU Group will support the asset management of the Investment Management Company, thereby ensuring that the Investment Company implements management in a stable fashion.

In addition to maximizing the unitholder value of the Investment Company, the ITOCHU Group will seek to contribute to the further development of the J-REIT market, logistic infrastructure and the creation of an affluent society.

Overview of the Investment Company

Name ITOCHU Advance Logistics Investment Corporation
Stock symbol 3493
Securities code R-IAL
Location 6-5, 3-chome, Kojimachi, Chiyoda-ku, Tokyo
Establishment May 1, 2018
Registrations May 24, 2018 (Director General of the Kanto Local Finance Bureau Registration No.138)
Representative Junichi Shoji, Executive Officer

Overview of the Investment Management Company

Name ITOCHU REIT Management Co., Ltd.
Location 6-5, 3-chome, Kojimachi, Chiyoda-ku, Tokyo
Establishment February 15, 2017
Capital 200,000,000 yen
Description of business Investment management service
Representative Junichi Shoji,, President & Representative Director
Number of employees 15
Shareholders ITOCHU Corporation (80%), ITOCHU Property Development, Ltd (20%)
Licenses and registrations Financial instruments business operator registration:
Director-General of the Kanto Local Finance Bureau (Kinsho) No. 3027
Building lots and building transaction License:
Governor of Tokyo (1) No. 100434
Building lots and building transaction agency permit:
Minister of Land, Infrastructure, Transport and Tourism, Permit No. 121