HEIWA Real Estate REIT Inc. : Notice Concerning Finalization of Number of Units to be Issued in Issuance of New Investment Units by Way of Third-Party Allotment

Translation Purposes Only

For Immediate Release
January 4, 2013

REIT Issuer

HEIWA REAL ESTATE REIT, Inc.

2-5-1 Atago, Minato-ku, Tokyo Masaaki Higashihara, Executive Director (Securities Code: 8966)

Asset Management CompanyHEIWA REAL ESTATE Asset Management CO., LTD. Takaya Ichikawa, President & Representative Director Inquiries: Shinya Ito, General Manager, IR Department

TEL. [phone]

Notice Concerning Finalization of Number of Units to be Issued in

Issuance of New Investment Units by Way of Third-Party Allotment

HEIWA REAL ESTATE REIT, Inc. (the "Investment Corporation") announced that, concerning the issuance of new investment units by way of third-party allotment resolved at meetings of the Board of Directors of the Investment Corporation held on November 22, 2012 and December 4, 2012 at the same time as the issuance of new investment units through public offering (primary offering) and secondary offering (secondary offering through over -allotment), it today received a notice from the allottee SMBC Nikko Securities Inc. to the effect that application will be made for all of the number of investment units scheduled to be issued, as described below.
Details

(1)	Number of new investment units to be issued:	9,050 units (Number of investment units scheduled to be issued: 9,050 units)
(2)	Paid-in amount (issue value):	¥52,640 per unit
(3)	Total paid-in amount (issue value):	¥476,392,000
(4)	Allottee and number of investment units to be allotted:	SMBC Nikko Securities Inc. 9,050 units
(5)	Subscription period (Subscription date):	January 8, 2013 (Tuesday)
(6)	Payment date:	January 9, 2013 (Wednesday)

Changes in number of investment units issued and outstanding resulting from the third-party allotment

(1)	Number of investment units issued and outstanding at present:	786,397 units
(2)	Increase in number of investment units resulting from the third-party allotment:	9,050 units
(3)	Number of investment units issued and outstanding after the third-party allotment:	795,447 units

* For details on the issuance of new investment units by way of third-party allotment, etc., please refer to the press releases "Notice Concerning Issuance of New Investment Units and Secondary Offering" dated November 22, 2012 and "Notice Concerning Determination of Pricing for Issuance of New Investment Units and Secondary Offering, etc." dated December 4, 2012.

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* Distribution: Kabuto Club, Ministry of Land, Infrastructure, Transport and Tourism Press Club, and

Ministry of Land, Infrastructure, Transport and Tourism Press Club for Construction Publications

* Investment Corporation Website: http://www.heiwa-re.co.jp/english/

Note: This document is intended to serve as a press release to make available the information on issuance of new investment units by way of third-party allotment of the Investment Corporation only. This document should not be construed as an offer to sell or solicitation of an offer to purchase any unit or other investment of the Investment Corporation.

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