January 20, 2023

For Immediate Release

REIT Issuer

HEIWA REAL ESTATE REIT, Inc.

5-1 Nihonbashi Kabuto-cho,Chuo-ku, Tokyo

Aya Motomura, Executive Director

(Securities Code: 8966)

Asset Management Company

HEIWA REAL ESTATE Asset Management CO., LTD.

Masanori Hirano, Representative Director, President and Chief Executive Officer Inquiries: Junichi Kawamura, Managing Officer and General Manager of Planning & Finance Department TEL. +81-3-3669-8771

(Correction) Financial results briefing materials for the 42nd Fiscal Period

HEIWA REAL ESTATE REIT, Inc. (the "Investment Corporation") corrects the following part of the "Financial results briefing materials for the 42nd Fiscal Period" dated January 18, 2023.

Details

Page 3 "Trajectory for stable growth of HEIWA REAL ESTATE REIT Inc."

AUM figures

(Before Correction)

*The change is indicated in red.

- 1 -

(After Correction)

Page 70 "Historical Occupancy Rates"

(Before Correction)

Historical occupancy rates as of the end of 41st Fiscal Period are described. (Nov.2021 - May. 2022)

(After Correction)

Historical occupancy rates as of the end of 42nd Fiscal Period are described. (May 2022 - Nov. 2022)

  • Investment Corporation Website:https://www.heiwa-re.co.jp/en/

- 2 -

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Disclaimer

HEIWA Real Estate REIT Inc. published this content on 20 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2023 07:00:06 UTC.