Mitsubishi Estate Logistics REIT Investment : Notice concerning GRESB Real Estate Assessment Results (MEL awarded the highest “5 stars” for the second consecutive year)

October 15, 2021

For Immediate Release

Real Estate Investment Trust Securities Issuer

1-6-5 Marunouchi, Chiyoda-ku, Tokyo

Mitsubishi Estate Logistics REIT Investment Corporation

Representative:	Ken Takanashi, Executive Director
	(Securities Code: 3481)
Asset Management Company
Mitsubishi Jisho Investment Advisors, Inc.
Representative:	Haruhiko Araki, President & CEO
Contact:	Ken Takanashi,Director , General Manager,
	Logistics REIT Management Department

TEL: [phone]

Notice Concerning GRESB Real Estate Assessment Results

(MEL awarded the highest "5 stars" for the second consecutive year)

Mitsubishi Estate Logistics REIT Investment Corporation ("MEL") announces that MEL has been awarded the

prestigious "5 Stars" for the second consecutive year and "Green Star" for the third consecutive year by the 2021 GRESB. In addition, MEL also received the highest "A Level" for the GRESB Public Disclosure. The details are described below.

1. Results of 2021 GRESB Assessment

(1) GRESB Real Estate Assessment

MEL has been awarded the prestigious "5 Stars" for the second consecutive year and "Green Star" for the third consecutive year.

(2) GRESB Public Disclosure

MEL also received the highest "A Level" for the GRESB Public Disclosure for the second consecutive year, which assess the width of our ESG disclosure.

For further information regarding GRESB Assessment, please see the GRESB website. https://gresb.com/

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(Reference)

About the GRESB Assessment

GRESB assesses the sustainability performance of real assets across the globe. The assessment was established in 2009 primarily by major European pension funds which took the lead in Principles for Responsible Investment (PRI). The GRESB Real Estate Assessment is distinguished by its comprehensive evaluation of initiatives for sustainability of property companies, REITs and real estate funds.

Currently, 140 Investor Members use GRESB data for their investment decision-making and engagement with investees, and several institutions from Japan including Government Pension Investment Fund (GPIF) utilize GRESB Assessment results. In 2021, 1,520 listed or private real estate companies/funds participated in GRESB Real Estate Assessment.

2. MEL's Future Initiatives

MEL is committed to endeavoring to enhance consideration towards ESG to improve the sustainability of society. We recognize that this is an important social responsibility for a listed enterprise to assume, and also believe that it is essential for maximizing our unitholder value.

To put our commitment into practice based on the above recognition MEL strives to invest in environmentally friendly logistics facilities, and will continue to focus on maximizing the energy efficiency of our properties, as well as contribution actions to the local communities.

For more information about MEL's ESG initiatives, please visit: https://mel-reit.co.jp/en/esg/index.html

This is the English translation of the announcement in Japanese dated October 15, 2021.

However, no assurance or warranties are given for the completeness or accuracy of this English translation.

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