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Investor Presentaiton

Summary 1. Financial Results Daiwa House REIT Investment Corporation Feb. 2019 DPU 5,427 yen (+127 yen vs forecast, +381 yen vs Aug. 2018) Aug. 2019 Forecast DPU 5,170 yen (forecast as of Oct. 2018: 5,100 yen) Feb. 2020 Forecast DPU 5,370 yen 2. Overview since the Merger Acquired 57 properties for 272.9 Bn yen in total in two and half years. since the merger and expanded asset size to 750.5 Bn yen Achieved 12.1% growth of stabilized forecast DPU as a result of three equity offerings since the merger ā—† Improved portfolio quality through portfolio rebalancing 3. Operation Status 4. Financial Status New acquisitions of 17 properties for 79.8 Bn yen (NOI yield of 4.9 %) Feb. 2019 occupancy remained stable at a high level of 99.5 % New loans of 34.5 Bn yen (average borrowing period of 7.5 years) Raised the amount of commitment line from 20.0 Bn yen to 25.0 Bn yen 2
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