As of October 8, 2024

The table below shows the unitholders’ capital, total number of authorized investment units and the number of investment units issued and outstanding of TLR.

Unitholders' Capital	87,255,751,525 yen
Total number of authorized investment units	10,000,000 units
Number of investment units issued and outstanding	910,820 units

Furthermore, the table below shows the changes in unitholders’ capital and the number of investment units issued and outstanding of TLR since its establishment.

Date	Event	Unitholders’capital (million yen)		Number of investment units issued and outstanding (units)
		Increase	Balance	Increase	Balance
September 11, 2017	Private placement for corporation (Note1)	150	150	150	150
April 21, 2018	Investment unit Split(Note2)	-	150	1,350	1,500
July 26, 2018	Public offering (Note3)	31,841	31,991	344,000	345,500
September 2, 2019	Public offering (Note4)	13,197	45,189	117,000	462,500
September 1, 2021	Public offering (Note5)	12,192	57,382	112,500	575,000
September 1, 2022	Public offering (Note6)	6,418	63,801	63,600	638,600
March 1, 2023	Public offering (Note7)	4,156	67,957	48,735	687,335
March 28, 2023	Third-party allotment (Note8)	341	68,299	4,000	691,335
March 1, 2024	Public offering (Note9)	7,654	75,954	85,338	776,673
March 26, 2024	Third-party allotment (Note10)	371	76,326	4,147	780,820
As of September 11, 2024	Public offering (Note11)	10,409	86,735	123,810	904,630
As of October 8, 2024	Third-party allotment (Note12)	520	87,255	6,190	910,820

• New investment units were issued at an offer price of 1,000,000 yen per unit upon the establishment of TLR.
• TLR conducted a 10-for-1 unit split on April 21, 2018.
• New investment units were issued at an offer price of 96,000 yen per unit (issue amount of 92,563 yen per unit) through a public offering to procure fund for new property acquisitions, etc.
• New investment units were issued at an offer price of 117,000 yen per unit (issue amount of 112,800 yen per unit) through a public offering to procure fund for new property acquisitions, etc.
• New investment units were issued at an offer price of 112,417 yen per unit (issue amount of 108,381 yen per unit) through a public offering to procure fund for new property acquisitions, etc.
• New investment units were issued at an offer price of 104,685 yen per unit (issue amount of 100,927 yen per unit) through a public offering to procure fund for new property acquisitions, etc.
• New investment units were issued at an offer price of 88,422 yen per unit (issue amount of 85,293 yen per unit) through a public offering to procure fund for new property acquisitions, etc.
• New investment units were issued through third-party allotment with paid-in amount per unit of 85,293 yen.
• New investment units were issued at an offer price of 92,944 yen per unit (issue amount of 89,702 yen per unit) through a public offering to procure fund for new property acquisitions, etc.
• New investment units were issued through third-party allotment with paid-in amount per unit of 89,702 yen.
• New investment units were issued at an offer price of 87,067 yen per unit (issue amount of 84,075 yen per unit) through a public offering to procure fund for new property acquisitions, etc.
• New investment units were issued through third-party allotment with paid-in amount per unit of 84,075 yen.