June 30, 2026 Ascott Co., Ltd. eco properties Inc. Acquisition of Land for Logistics Facility Development in Kasukabe City, Saitama Prefecture --Ascott and eco properties Launch Refrigerated Warehouse Development Project-- Ascott Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; President: Tsuyoshi Oike; hereinafter "Ascott") and eco properties Inc. (Headquarters: Chiyoda-ku, Tokyo; Representative: Masashi Fukushima; hereinafter "eco properties") are pleased to announce that they have acquired land for logistics facility development in Kasukabe City, Saitama Prefecture, through a special purpose company in which Ascott has invested and eco properties has been entrusted with asset management and leasing management services, thereby launching a refrigerated warehouse development project. This project involves Ascott, which has extensive experience in real estate development, participating as an investor, and eco properties, which possesses specialized knowledge in logistics facility development, participating as an asset manager. The objective is to develop a multi-tenant refrigerated warehouse to meet the growing demand for cold chain logistics in the Tokyo metropolitan area. The planned site is located in Shimoyagi, Kasukabe City, Saitama Prefecture, with excellent access to National Route 16 and National Route 4, which are major arteries for logistics in the Tokyo metropolitan area. It is also approximately 15 km from the Iwatsuki IC on the Tohoku Expressway. By utilizing the Tokyo Gaikan Expressway (Gaikan-do) and the Metropolitan Inter-City Expressway (Ken-O Expressway), it is a prime logistics location capable of supporting wide-area distribution to the Tokyo metropolitan area. This facility is designed as a refrigerated warehouse with a focus on high storage efficiency and a sufficient number of loading docks. The second and third floors of the warehouse are planned to have a clear height of 6.5m under the beams. Compared to warehouses with a typical clear height of