CDP
Star Asia Investment Corporation ("SAR") announces that it participated for the first time in the CDP Rating, hosted by CDP, a non-profit organization that conducts global environmental research and information disclosure, and received a "B" rating for climate change and a "B" rating for water security in the 2025 assessment.
The CDP is an international environmental non-profit organization established in the U.K. in 2000 that administers a global environmental disclosure system for corporations and municipalities. Its annual disclosure of environmental information and its evaluation process are widely recognized as the global standard in corporate environmental disclosure. CDP assessments are awarded on an eight-level scale: Leadership Level (A, A-), Management Level (B, B-), Awareness Level (C, C-), and Disclosure Level (D, D-). Please refer to the link below to see details concerning the CDP Climate Change Program.
https://www.cdp.net/en
GRESB Real Estate Assessment
SAR acquired “2 Stars” rating (highest rank: 5 Stars) in the GRESB Real Estate Assessment in 2025.
Furthermore, SAR obtained the “Green Star” for the five consecutive year which indicates that SAR is a participant which excels in both the “Management Component” which assesses the policy and organization structure for promoting ESG as well as the “Performance Component” which assesses environmental performance and tenant engagement of properties owned.
In addition, SAR received the highest “A Level” for the GRESB Public Disclosure Assessment, which assesses the width of our ESG disclosure.
GRESB is an annual benchmarking assessment to measure ESG (Environmental, Social and Governance) integration of real estate companies and funds, as well as the name of organization which runs the assessment. It was founded in 2009 by a group of major European pension funds who played leading roles in launching Principles for Responsible Investment (PRI). Currently, about 150 Investor Members use GRESB data for their investment decision-making and engagement with investees, and several institutions from Japan including Government Pension Investment Fund (GPIF) utilize GRESB Assessment results. In 2025, 2,382 listed or private real estate companies/funds participated in GRESB Real Estate Assessment.
Please refer to the link below to see details concerning 2025 GRESB data.
https://gresb.com/nl-en/
Acquisition rate of external certifications and Certification Goals
■Acquisition rate of external certifications and Certification Goals
| Acquisition Rates（As of January 30, 2026）(note 2) | Goals for 2026 | |||
|---|---|---|---|---|
| Number of Properties | Total Floor Area(㎡) | ratio(%) (note 2) | ratio(%) | |
| Building-Housing Energy-Efficiency Labeling System (BELS) | 11 (note 1) | 38,333.29 | 7.4 | |
| Certification for CASBEE for Real Estate | 19 | 230,422.31 | 44.6 | |
| Total | 30 | 268,755.60 | 52.0 | 50.0 |
| (note 1) | In case when a property holds multiple certifications, number and floor area of one property is included. |
|---|---|
| (note 2) | Ratio of each floor area to the gross floor area of SAR portfolio (516,839.36㎡). |
■Building-Housing Energy-Efficiency Labeling System (BELS)
This is a third-party evaluation system provided for in the "Guidelines for the Building-Housing Energy-efficiency Labeling System at the Time of Sale or Lease of Budlings based on the Building Energy Efficiency Act" prepared based on the Act on the Improvement of Energy Consumption Performance of Buildings (Building Energy Efficiency Act). Under this system, BELS evaluation organizations registered with the Association for Evaluating and Labeling Housing Performance evaluates and displays the energy conservation performance of buildings.
For the details of BELS, please refer to the following website.
Website on BELS: https://www.hyoukakyoukai.or.jp/bels/bels.html (Japanese only)
| Property name | Asset type | Location | Total floor area（㎡） | Certification rating | Certified date | |
|---|---|---|---|---|---|---|
| 1 | Funabashi Hi-Tech Park Factory Ⅰ(note 2) | Logistics | Funabashi-shi, Chiba | 576.00 | ★★★★★ | Dec. 20, 2023(note 3) |
| 2 | KOKO HOTEL Sapporo Odori | Hotel | Sapporo-shi, Hokkaido | 3,854.01 | ★★★★★ | Oct. 25, 2023 |
| 3 | Best Western Plus Fukuoka Tenjin-minami | Hotel | Fukuoka-shi, Fukuoka | 7,322.03 | ★★★★★ | Oct. 25, 2023 |
| 4 | KOKO HOTEL Hiroshima Ekimae | Hotel | Hiroshima-shi, Hiroshima | 5,370.75 | ★★★★ | Oct. 25, 2023 |
| 5 | KOKO HOTEL Kagoshima Tenmonkan | Hotel | Kagoshima-shi, Kagoshima | 4,622.48 | ★★★★ | Oct. 25, 2023 |
| 6 | KOKO HOTEL Tsukiji Ginza | Hotel | Chuo-ku, Tokyo | 6,086.48 | ★★★★ | Aug. 30, 2024 (note 3) |
| 7 | Urban Center Hakata | Office | Fukuoka-shi, Fukuoka | 3,566.56 | ★★★ | Dec. 17, 2021 |
| 8 | Urban Park Mitaka | Residence | Mitaka-shi, Tokyo | 1,180.02 | ★★★ | Jan. 31, 2024 |
| 9 | KOKO HOTEL Residence Asakusa Tawaramachi | Hotel | Taito-ku, Tokyo | 2,226.57 | ★★★ | Aug. 30, 2024 (note 3) |
| 10 | Urban Forum Warabi | Retail | Kawaguchi-shi, Saitama | 1,489.22 | ★★ | Aug. 16, 2024 (note 3) |
| 11 | Urban Park Miyamaedaira (note 4) | Residence | Kawasaki-shi, Kanagawa | 2,039.17 | ★★ | Dec. 24, 2021 |
| ★★ | Dec. 24, 2021 | |||||
| Total | 38,333.29 | |||||
| (note 1) | As of January 30, 2026 |
|---|---|
| (note 2) | The gross floor area of only the environment-certified portion is stated. |
| (note 3) | The property acquisition date is noted, not the certification acquisition date. |
| (note 4) | This property consists of two buildings, each with its own certification. |
■CASBEE
CASBEE (Comprehensive Assessment System for Built Environment Efficiency) is a system that comprehensively assesses the quality of a buildings, including evaluating features such as interior comfort and consideration towards scenic aesthetics, in addition to consideration towards the environment such as using materials and equipment that save energy or achieve smaller environmental loads
Please follow the link to see the detailed Comprehensive Assessment System for Built Environment Efficiency
| Property name | Asset type | Location | Total floor area（㎡） | Assessment rating | Certified date | |
|---|---|---|---|---|---|---|
| 1 | Urban Center Yokohama West | Office | Yokohama-shi, Kanagawa | 12,353.83 | S Rank | Jan. 31, 2025 |
| 2 | Higashi-Kobe Center Building | Office | Kobe-shi, Hyogo | 25,740.46 | S Rank | Jun. 30, 2022 |
| 3 | Urban Center Shinjuku | Office | Shinjuku-ku, Tokyo | 7,624.66 | S Rank | Aug. 1, 2024 |
| 4 | Urban Center Kanda Tsukasamachi | Office | Chiyoda-ku, Tokyo | 4,629.27 | S Rank | Jan. 31, 2025 |
| 5 | Takadanobaba Access | Office | Shinjuku-ku, Tokyo | 5,757.14 | S Rank | Jan. 31, 2025 |
| 6 | Seiyu Minakuchi | Retail | Koka-shi, Shiga | 31,829.71 | S Rank | Dec. 11, 2023 |
| 7 | Honmachibashi Tower | Office | Osaka-shi, Osaka | 15,407.83 | A Rank | Aug. 1, 2024 |
| 8 | Urban Center Kanda Suda-cho | Office | Chiyoda-ku, Tokyo | 4,994.70 | A Rank | Jan. 31, 2025 |
| 9 | abeno nini (Retail)(note 2) | Retail | Osaka-shi, Osaka | 4,866.82 | A Rank | Aug. 1, 2022 |
| 10 | Urban Park Daikanyama | Residence | Shibuya-ku, Tokyo | 8,261.29 | A Rank | Jul. 27, 2022 |
| 11 | Urban Park Tokiwadai Koen | Residence | Yokohama-shi, Kanagawa | 15,708.08 | A Rank | Jul. 31, 2024 |
| 12 | Urban Park Mitsuike Koen | Residence | Yokohama-shi, Kanagawa | 10,918.37 | A Rank | Jul. 31, 2024 |
| 13 | Iwatsuki Logistics | Logistics | Saitama-shi, Saitama | 29,729.72 | A Rank | Aug. 1, 2024 |
| 14 | Baraki Logistics | Logistics | Ichikawa-shi, Chiba | 12,471.50 | A Rank | Jul. 31, 2024 |
| 15 | KOKO HOTEL Ginza 1-chome | Hotel | Chuo-ku, Tokyo | 7,299.11 | A Rank | Jul. 31, 2025 |
| 16 | KOKO HOTEL Residence Asakusa Kappabashi | Hotel | Taito-ku, Tokyo | 1,608.74 | A Rank | Jul. 31, 2025 |
| 17 | KOKO HOTEL Nagoya Sakae | Hotel | Nagoya-shi, Aichi | 5,500.94 | A Rank | January 30, 2026 |
| 18 | Matsubushi Logistics | Logistics | Kitakatsushika-gun, Saitama | 19,833.47 | B+ Rank | January 30, 2026 |
| 19 | KOKO HOTEL Sapporo Ekimae | Hotel | Sapporo-shi, Hokkaido | 5,886.67 | B+ Rank | Jul. 31, 2025 |
| Total | 230,422.31 | |||||
| (note 1) | As of January 30, 2026 |
|---|---|
| (note 2) | The gross floor area of only the environment-certified portion is stated. |