Mitsubishi Estate Logistics REIT Investment Corporation under the (Act on Investment Trust and Investment Corporation) (Investment Trust Law). It was listed on the REIT Securities Market of the Tokyo Stock Exchange on September 14, 2017. MEL focuses on investing in logistics facilities as a listed real estate investment corporation. Mitsubishi Estate Co., Ltd. (MEC), one of the largest comprehensive developers in Japan, has been acting as a sponsor. MEL's asset management company, Mitsubishi Jisho Investment Advisors, Inc. has an extensive track record in real estate fund management since its establishment in 2001. Through (HYBRID) (Note) utilization of the strengths of both companies, MEL aims for maximization of unitholder value by building of a high-quality portfolio and steady and stable asset management through selective investments in highly competitive logistics facilities that meet tenant needs that focus on location, building features and stability. Furthermore, MEL announced management policy (Three Pillars) on April 17, 2019, as a management plan designed to maximize unitholder value in the medium-to long-term. The management policy is intended to gather the entire MEC Group to work together and increase unitholder value of MEL, focusing on the following three pillars: Alignment (align interest with unitholders), Discipline (disciplined growth) and Hybrid (enhance MEL's unique strategy, the Hybrid model). During the fiscal period ended February 28, 2025, MEL disposed 49% of co-beneficiary interest of MJ Logipark Sendai 1 in September 2024 and acquired MJ Logipark Aisai 1 in October 2024. As a result, MEL owned 35 properties (aggregate total acquisition price: 271,593 million yen), as of the end of the reporting fiscal period (Feb. 28, 2025). Mitsubishi Estate Logistics REIT Investment Corporation was incorporated in Japan on July 14, 2016 and incorporated in Japan.
