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PORTFOLIO

Major Tenants Roster

(as of June 30, 2011)

Name of Tenants Name of Building Leased Space(m²) Percentage of Total Rentable Area(%)
1.Mitsui Fudosan Co.,Ltd.(*) Nishi-Shinjuku Mitsui Bldg.
and 9 other properties
179,536 22.3
2.IBM Japan, Ltd NBF Toyosu Canal Front
and 1 other property
28,393 3.5
3.GlaxoSmithKline.K.K GSK Bldg.
and 2 other properties
21,055 2.6
4.AXA Life Insurance Co.,Ltd. NBF Platinum Tower
and 2 other properties
18,419 2.3
5.NS Solutions Corporation Nippon Steel Bldg. No.2 15,333 1.9
6.Transcosmos Inc. Shibuya Garden Front
and 3 other properties
15,088 1.9
7.Hakuhodo DY Holdings Inc. NBF Toyosu Garden Front 15,047 1.9
8.American Family Life Assurance Company of Columbus Chofu South Gate Bldg.
and 1 other property
14,164 1.8
9.Fuji Xerox Co.,Ltd. Nakanosakaue Sunbright Twin 13,518 1.7
10.Sumitomo Mitsui Construction Co., Ltd. River City M-SQUARE 10,915 1.4

(*)Mitsui Fudosan Co., Ltd. subleases those properties to various sublessees (except one for which Mitsui Fudosan Co., Ltd. is itself the lessee). Rents received by NBF from Mitsui Fudosan consist of rents received by Mitsui Fudosan from its sublessees less a certain percentage of such amount.

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NBF Up Date

Number of Properties: 66
Acquisition Price: 882 billion yen
1H/11(Actual)15,138 yen
Occupancy Rate98.1%

As of February 1, 2012 (Occupancy Rate: As of December 31, 2011)

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