ORIX JREIT : (Reference) ORIX JREIT Announces Obtainment of “Building-Housing Energy-efficiency Labeling System (‘BELS’)”

ORIX JREIT Announces Obtainment of "Building-Housing Energy-efficiency

Labeling System ('BELS')"

TOKYO, January 5, 2018 - ORIX JREIT Inc. ("OJR") announces that it obtained "Building-Housing Energy-efficiency Labeling System ('BELS')" in following 3 properties owned by OJR.

• 1. Overview of BELS

  The Ministry of Land, Infrastructure, Transport and Tourism established "The guideline on evaluation of energy efficiency performance on buildings except housing (2013)" to improve energy conservation in non-residential buildings in Japan and to indicate appropriate information provision in the real estate market, etc.

  BELS is a system started on April 25, 2014 to evaluate and indicate energy conservation performance and other related matters of non-residential buildings based on these guidelines regardless of new build properties or existing properties. The evaluation is given according to a scale of one star "★" to five stars "★★★★★".

• 2. Evaluation

  Name of Asset	Type	Address	Evaluation (Note)	Attainment date
  Lunar Sendai	Offices	15-1 Honcho 2-chome, Aoba-ku, Sendai City, Miyagi	★★★★★	December 15, 2017
  Komaki Logistics Center	Logistics Facilities	Karasukaido 24, Nishinoshima, Komaki City, Aichi	★★★★	December 12, 2017
  Iwatsuki Logistics Center	Logistics Facilities	917-1 and other Giranuma, Mashito, Kasukabe-shi, Saitama	★★★★	December 14, 2017

  (Note) Evaluator: Japan ERI Co., LTD.

3.

Future Effort

OJR is going to continue to conduct operations in consideration of environment, society and governance.

Note:This is the English translation of original Japanese documents and is provided solely for information purposes. If there are any discrepancies between the translation and the Japanese original, the latter shall prevail.

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