Japan Metropolitan Fund Investment : Notice Concerning Change of Scheduled Acquisition Date, etc. of Trust Beneficiary Right in Real Estate in Japan (Kaden sumairukan YAMADA Fukuoka Shime Honten)

February 28, 2023

To all concerned parties:

Investment Corporation

Japan Metropolitan Fund Investment Corporation

(Tokyo Stock Exchange Company Code: 8953）

Representative: Masahiko Nishida, Executive Director

URL: https://www.jmf-reit.com/english/

Asset Management Company

KJR Management

Representative:	Naoki Suzuki,
	President & Representative Director
Inquiries:	Keita Araki, Executive Officer &
	Head of Metropolitan Division
	TEL: [phone]

Notice Concerning Change of Scheduled Acquisition Date, etc. of Trust Beneficiary Right

in Real Estate in Japan

(Kaden sumairukan YAMADA Fukuoka Shime Honten)

Japan Metropolitan Fund Investment Corporation ("JMF") announces today that KJR Management, JMF's asset manager, decided to change the scheduled acquisition date, etc. announced in the news release titled "Notice Concerning Additional Acquisition of Trust Beneficiary Right in Real Estate in Japan by Expansion Project (Kaden sumairukan YAMADA Fukuoka Shime Honten)" dated July 20, 2022, as outlined below.

1. Description of Change
		As of February 28, 2023	As of July 20, 2022
		(After change)	(Before change)
	Completion of expanded portion	March 20, 2023	February 28, 2023
	(Scheduled)
	Acquisition of expanded portion	March 27, 2023	March 6, 2023
	(Scheduled)
	Payment of expanded portion	April 28, 2023	March 31, 2023
	(Scheduled)

2. Reason for change

JMF planned to acquire the additional asset for the expanded portion on March 6, 2023. However, due to delays in procurement against the backdrop the recent sharp increase in demand for steel frames, the completion of the expanded portion has been delayed, and therefore, JMF decided to change the scheduled acquisition date after consulting with the construction orderer, YAMADA DENKI CO., LTD.

3. Future Outlook

There will be no impact on the fiscal period ending February 2023 (42nd fiscal period: September 1,

2022 to February 28, 2023). In addition, the impact on the August 2023 fiscal period (43rd fiscal period: March 1, 2023 to August 31, 2023) is minor, and there is no change to the Forecast of Operation.

This English language release is for informational purposes only, and the Japanese language release should be referred to as the original.

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