This web site is solely intended to provide information and is not intended to solicit any securities transactions.

In addition to information on TOKYU REIT, Inc. ("TOKYU REIT"), this web site includes charts and data prepared by Tokyu Real Estate Investment Management Inc. (the "Investment Management Company") based on data/index and other information released by third parties. Analysis, judgment and other views of the Investment Management Company on such information at the time of preparation are also included in this document.

The Investment Management Company is a financial instruments firm (Director of Kanto Local Finance Bureau (Kinsho) No.360) under the Financial Instruments and Exchange Law. The Investment Management Company is a member of The Investment Trusts Association, Japan.

The information contained in this web site is not audited and there is no assurance of the accuracy and certainty of such information. Analysis, judgment and other non-factual views of the Investment Management Company represent current views of the Investment Management Company. Different views may exist or the Investment Management Company may change its views in the future.

Although attention is paid in preparation of information in this web site, there may be errors.

TOKYU REIT and the Investment Management Company assume no responsibility for the accuracy of data, indexes and other information released by third parties.

This web site may contain forward-looking statements, such as current plans, strategies, and future performance. These forward-looking statements are based on judgments obtained from currently available information. Please be advised that, for a variety of reasons, actual results may differ materially from those discussed in the forward-looking statements. Events that might affect actual results include, but are not limited to, fluctuations of the real estate market in Japan, general conditions of the Japanese economy, competitive pressures and relevant regulations.

This web site is a translation of the original document in Japanese and is prepared solely for the convenience of non-Japanese speakers. There is no assurance as to the accuracy of the English translation. The original Japanese web site shall prevail in the event of any discrepancies between the translation and the Japanese original.

TOKYU REIT pays service charges to, the Investment Management Company, an asset custodian firm, general administration firm, property management firms and independent auditor.

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