Portfolio List

As of April 5, 2019

No.	Property name	Location	Acquisition date	Completion	Acquisition price (Millions of yen)	Investment ratio (%)	Appraised value (Millions of yen)	Total floor area (m²)
UP DOWN			UP DOWN	UP DOWN	UP DOWN	UP DOWN	UP DOWN	UP DOWN
L-11L-1	GLP/MFLP Ichikawa Shiohama	Ichikawa-shi, Chiba	2016. 92016/09/01	2014. 12014/01/14	15,50015,500,000,000	9.99.9	17,25017,250	105,019105,019.59
L-21L-2	MFLP Kuki	Kuki-shi, Saitama	2016. 82016/08/02	2014. 72014/07/07	12,50012,500,000,000	8.08.0	13,70013,700	73,15373,153.81
L-31L-3	MFLP Yokohama Daikoku	Yokohama-shi, Kanagawa	2016. 82016/08/02	2009. 42009/04/14	10,10010,100,000,000	6.46.4	10,50010,500	100,530100,530.33
L-41L-4	MFLP Yashio	Yashio-shi, Saitama	2016. 82016/08/02	2014. 32014/03/24	9,6509,650,000,000	6.26.2	10,90010,900	40,72840,728.50
L-51L-5	MFLP Atsugi	Aiko-gun, Kanagawa	2016. 82016/08/02	2015. 32015/03/13	7,8107,810,000,000	5.05.0	8,7008,700	40,94240,942.10
L-61L-6	MFLP Funabashi Nishiura	Funabashi-shi, Chiba	2016. 82016/08/02	2015. 22015/02/06	6,9706,970,000,000	4.44.4	7,6807,680	30,94730,947.16
L-71L-7	MFLP Kashiwa	Kashiwa-shi, Chiba	2016. 82016/08/02	2015. 112015/11/30	6,3006,300,000,000	4.04.0	6,9006,900	31,24231,242.90
L-81L-8	MFLP Sakai	Sakai-shi, Osaka	2016. 82016/08/02	2014. 92014/09/11	4,5004,500,000,000	2.92.9	4,8804,880	125,127125,127.57
L-91L-9	MFLP Komaki	Komaki-shi, Aichi	2018. 22018/02/02	2017. 12017/01/31	8,2608,260,000,000	5.35.3	8,5308,530	40,59740,597.51
L-101L-10	MFLP Hino	Hino-shi, Tokyo	2019. 22019/02/04	2015. 102015/10/16	12,53312,533,000,000	8.08.0	12,61012,610	205,200205,200.31
L-111L-11	MFLP Hiratsuka	Hiratsuka-shi, Kanagawa	2018. 32018/03/15	2016. 112016/11/30	7,0277,027,000,000	4.54.5	7,0907,090	33,06133,061.88
L-121L-12	MFLP Tsukuba	Tsukubamirai-shi, Ibakaki	2019. 32019/03/01	2018. 32018/03/30	8,7818,781,000,000	5.65.6	10,00010,000	62,48462,484.88
L-131L-13	MFLP Inazawa	Inazawa-shi, Aichi	2019. 22019/02/04	2017. 52017/05/31	16,20016,200,000,000	10.310.3	16,30016,300	72,88372,883.07
L-141L-14	MFLP AtsugiⅡ	Isehara-shi, Kanagawa	2019. 22019/02/04	2018. 42018/04/27	13,10013,100,000,000	8.48.4	13,20013,200	48,97648,976.52
L-151L-15	MFLP FukuokaⅠ	Kasuya-gun, Fukuoka	2019. 42019/04/05	2016. 102016/10/12	5,2635,263,000,000	3.43.4	5,2805,280	32,19932,199.84
I-12I-1	MFIP Inzai	Inzai-shi, Chiba	2019. 22019/02/04	2014. 22014/02/28	12,22012,220,000,000	7.87.8	12,80012,800	40,47840,478.23
Total					156,714	100.0	166,320	1,083,574

: Rampway
: Slope
: Box
: Data centers

Note 1:	"Acquisition price" represents the sale and purchase price of each trust beneficiary interests presented in each sale and purchase contract related to the acquired asset, rounded down to the nearest million yen. The sales price does not include consumption tax, local consumption tax, or miscellaneous acquisition costs).
Note 2:	"Investment ratio" represents the share of the acquisition price of each acquired asset expressed as a percentage of the total acquisition price, rounded off to one decimal place.
Note 3:	"Appraisal value" represents the appraisal value set forth in each real estate appraisal report as of November 30, 2018 or January 31, 2019. The appraisal of each acquired asset is entrusted to the Japan Real Estate Institute, Tanizawa Sōgō Appraisal Co., Ltd., Daiwa Real Estate Appraisal Co., Ltd., and CBRE, Inc.
Note 4:	The acquisition price and appraisal value of GLP/MFLP Ichikawa Shiohama, MFLP Yokohama Daikoku, MFLP Sakai and MFLP Hino represent values equivalent to the quasi co-ownership interest in each property that MFLP-REIT has acquired (50%, 50%, 20% and 25% respectively).
Note 5:	"Total floor area" represents total floor area of the whole building.
Note 6:	MFLP-REIT acquired 60% of the quasi co-ownership interest of MFLP Komaki on February 2, 2018 after acquiring the quasi co-ownership interest of MFLP Komaki 40% in advance, on August 4, 2017. In the above table, the acquisition date of MFLP Komaki is described in February 2018 when the whole acquisition was completed.
Note 7:	MFLP-REIT acquired 15% of the quasi co-ownership interest of MFLP Hino on February 2, 2018 and acquired an additional 10% of the quasi co-ownership on February 4, 2019. In the above table, the acquisition date of MFLP Hino reflect the most recent date of February 2019.
Note 8:	MFLP-REIT acquired 80% of the quasi co-ownership interest of MFIP Inzai on February 4, 2019 after acquiring the quasi co-ownership interest of MFIP Inzai 20% in advance, on August 2, 2016. In the above table, the acquisition date of MFIP Inzai is described in February 2019 when the whole acquisition was completed.
Note 9:	MFLP-REIT acquired 40% of the quasi co-ownership interest of MFLP Tsukuba on March 1, 2019 after acquiring the quasi co-ownership interest of MFLP Tsukuba 60% in advance, on December 3, 2018.The Completion of MFLP Tsukuba represents the compleled date of the annex building. The existing building was coｍpleted in June, 2010.
Note 10:	MFLP-REIT acquired 19% of the quasi co-ownership interest of MFLP Fukuoka I on April 5, 2019 after acquiring the quasi co-ownership interest of MFLP Fukuoka I 81% in advance, on February 4, 2019. In the above table, the acquisition date of MFLP Fukuoka I is described in April 2019 when the whole acquisition was completed.