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External Evaluation and Certifications

Basic Policy

The Investment Corporation is promoting the acquisition of environmental certifications/evaluations to increase the transparency and reliability of the environmental performance of its properties. As of August 31, 2021, 93.2% of our properties (on a gross floor area basis) had obtained environmental certifications/evaluations. The Investment Corporation aims to increase this ratio to 100% by 2025.

Status of environmental certifications/evaluations

Property count*1 Gross Floor Area (㎡) Ratio (Gross Floor Area Basis)
CASBEE Certifications*2 17 1,902,509 93.20%
BELS 11 1,076,966 52.70%
Totals*3 17 1,902,509 93.20%
*1: Excludes leasehold land assets
*2: Includes both "CASBEE Buildings (New Construction)" for new buildings and "CASBEE-Real Estate" for buildings over one year after completion.
*3: Excludes duplication of the same properties

GRESB Real Estate Assessment

GRESB Real Estate Assessment is an annual benchmark which evaluates the environmental, societal, and governance (“ESG”) performance of real estate assets, and its associated asset managers, around the world.
GRESB Real Estate Assessment participants receive comparative business intelligence on where they stand against their peers, with a roadmap providing action items they can take to improve upon their ESG performance. Concurrently, institutional investors use the ESG data and GRESB’s analytical tools to improve the sustainability performance of their respective investment portfolios, engage with investment managers, and prepare for increasingly rigorous obligations.

News-Release

September 13, 2017
LaSalle LOGIPORT REIT Awarded “Green Star” Status by GRESB Real Estate Assessment
September 20, 2018
LaSalle LOGIPORT REIT Awarded “Green Star” Status by GRESB Real Estate Assessment
September 10, 2019
LaSalle LOGIPORT REIT Awarded “Green Star” Status by GRESB Real Estate Assessment
November 25, 2020
Notice Concerning GRESB Real Estate Assessment Results
October 15, 2021
Notice Concerning GRESB Real Estate Assessment Results

CASBEE Real Estate Certification

The Comprehensive Assessment System for Built Environment Efficiency (“CASBEE”) is a system for comprehensively assessing and ranking the environmental performance of buildings with regard to aspects such as the enhancement of environmental quality and performance including indoor comfort and consideration for the landscape, on top of the aspect of environmental consideration such as energy saving and the use of materials and equipment with a lower environmental burden.

News-Release

May 31, 2018
Notice Concerning Obtainment of a CASBEE Real Estate Certification
August 21, 2019
Notice Concerning Obtainment of a CASBEE Real Estate Certification
August 30, 2019
Notice Concerning Obtainment of a CASBEE Real Estate Certification
December 27, 2019
Notice Concerning Obtainment of a CASBEE Real Estate Certification
July 10, 2020
Notice Concerning Obtainment of a CASBEE Real Estate Certification
August 31, 2020
Notice Concerning Obtainment of a CASBEE Real Estate Certification
August 31, 2021
Notice Concerning Obtainment of a CASBEE Real Estate Certification

Effective as of August 30, 2021

Property Name CASBEE Buildings (New Construction) CASBEE Real Eestate
Rank Certified Date Rank Certified Date
LOGIPORT Hashimoto S August 21, 2019
LOGIPORT Sagamihara S August 21, 2019
LOGIPORT Kitakashiwa S August 30, 2019
LOGIPORT Nagareyama B S August 31, 2020
LOGIPORT Higashi Ogishima A A December 26, 2019
LOGIPORT Higashi Ogishima B A December 26, 2019
LOGIPORT Higashi Ogishima C A December 26, 2019
LOGIPORT Kawagoe A May 31, 2018
LOGIPORT Sayama Hidaka S August 31, 2020
LOGIPORT Kashiwa Shonan S August 31, 2020
LOGIPORT Sakai Minamijimacho S August 31, 2020
LOGIPORT Sakai Chikko Shinmachi S July 10, 2020
LOGIPORT Osaka Taisho S July 10, 2020
LOGIPORT Amagasaki S August 30, 2021
LOGIPORT Sakai S August 30, 2021

BELS Certification

BELS is a third party certification system in Japan that displays the energy saving performance of buildings. From April, 2016, real estate companies (and others) are required to strive to display the energy-saving performance of buildings based on the Act on the Improvement of Energy Consumption Performance of Buildings (“Building Energy Efficiency Act”).

A Net Zero Energy Building (“ZEB”) is a building that aims at zero energy balance with considerably reduced annual energy consumption by saving as much energy as possible via better heat insulation, solar shading, natural energy and high-efficiency equipment, coupled with creating energy by photovoltaic power generation (or other energy generating methods), while maintaining a comfortable environment.
In addition, in the BELS certification system, it is possible to obtain certification according to the level of ZEB, based on the primary energy consumption level of buildings.

News-Release

February 21, 2019
Notice Concerning Obtainment of Building-Housing Energy-Efficiency Labeling System (BELS) Certification
December 24, 2020
Notice Concerning Obtainment of Building-Housing Energy-Efficiency Labeling System (BELS) Certification
April 7, 2021
Notice Concerning Obtainment of Building-Housing Energy-Efficiency Labeling System (BELS) Certification

Effective as of April 6, 2021

Property Name Rank Certified Date
LOGIPORT Hashimoto ★★ February 15, 2018
LOGIPORT Sagamihara ★★★★ December 22, 2020
LOGIPORT Nagareyama B ★★ April 6, 2021
LOGIPORT Higashi Ogishima A ★★★★★ ZEB Ready April 6, 2021
LOGIPORT Higashi Ogishima B ★★★ April 6, 2021
LOGIPORT Higashi Ogishima C ★★★★★ April 6, 2021
LOGIPORT Kawagoe ★★★★★ December 22, 2020
LOGIPORT Sayama Hidaka ★★★★★ ZEB Ready December 22, 2020
LOGIPORT Kashiwa Shonan ★★★★★ ZEB Ready December 22, 2020
LOGIPORT Sakai Minamijimacho ★★★★★ ZEB Ready February 21, 2019
LOGIPORT Osaka Taisho ★★★★★ ZEB Ready December 22, 2020

SMBC Environmental Considerations Rating

Sumitomo Mitsui Banking Corporation (“SMBC”) and Japan Research Institute (“JREI”) developed evaluation criteria to evaluate the status of environmental considerations of borrower corporate initiatives under SMBC’s loan origination program to help establish appropriate lending conditions. The Investment Corporation received an "A" rating in 2018 in recognition of its high level of environmental considerations in terms of "environmental business," "understanding of environmental impact," and "status of environmental conservation measures."

News-Release

March 5, 2018
Notice regarding Environmental Considerations Rating Obtained from Sumitomo Mitsui Banking Corporation

MUFG ESG Rating Certificate for J-REITs supported by JCR

The Rating intends to evaluate J-REITs’ initiatives and implementation measures with regard to Environmental, Social, Governance (“ESG”) issues based on categories originally selected by MURC, with secondary support from the Japan Credit Rating Agency, Ltd. (“JCR”). LLR and LRA have received an “A” grade in 2019 for a broad range of initiatives related to ESG.

March 1, 2019
Notice Concerning Acquisition of “MUFG ESG Rating Certificate for J-REITs supported by JCR”