Hankyu Hanshin REIT, Inc. announced resignation of Hideo Natsuaki as Director and resignation of Futoshi Kinoshita as Director of the company with date March 31, 2020. The company elected Takahito Emoto as Director in charge of Investment Management Department 1, he Transferred from Hankyu Hanshin Properties Corp. and also elected Toyoshige Okazaki in charge of Financial a administration and supervision department, he transferred from Hankyu Hanshin Real Estate Investment Advisors inc. and elected Ken Kitano as Auditor (part-time). Newly elected date is April 1, 2020.