Nippon Building Fund Management Ltd.

Nippon Building Fund Management Ltd. is
the asset management company of NBF

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Greetings

Nippon Building Fund Management Ltd. (NBFM) was established in September 2000 for the purpose of managing the assets of Nippon Building Fund Inc. (NBF).

In September 2001, NBF became the first Japanese real estate investment corporation to be listed on the real estate investment trust (J-REIT) section of the Tokyo Stock Exchange and, thanks to all, has steadily accumulated positive results and been able to make stable distributions of profit amidst the overall continued healthy growth of the J-REIT market.

Management of assets is conducted through maximum utilization of the know-how of NBFM’s shareholders such as Mitsui Fudosan Co., Ltd., Sumitomo Life Insurance Company, Sumitomo Mitsui Trust Bank, Ltd. and Sumitomo Mitsui Banking Corporation.

NBF is committed to continually do its utmost to achieve stable profits on a medium-to-long-term basis and earn the unwavering trust of all related parties starting with investors and tenants. NBFM aspires to contribute to the further development of NBF as well as the J-REIT market, as a leading J-REIT manager.

President & CEO of Nippon Building Fund Management Ltd.EIICHIRO ONOZAWA

Management Policies

In its asset management activities for Nippon Building Fund, Inc., NBFM conducts proper asset management while seeking appropriate collaborations with various stakeholders, and aims to increase the mid-to-long-term investment returns for unitholders.
  • Through efforts for appropriate and active disclosure of its financial and non-financial information, NBFM will conduct transparent management activities.
  • Based on a high sense of corporate ethics, NBFM will strive to improve the compliance system and conduct honest and fair business activities.
  • Through customer-oriented asset management, NBFM will provide comfortable office environments and heighten the satisfaction and trust of tenants.
  • By way of high quality fund management, NBFM will seek the improvement of unitholder value on a mid-to-long-term basis, i.e., the stable growth of DPU (distributions per unit) on a mid-to-long-term basis as well as an increase of NAV (net asset value) per unit.

Profile

Profile

Name Nippon Building Fund Management Ltd.
Financial Instruments Business Operator (Director-General of the Kanto Finance Bureau (Kinsho) No.371)　and Investment Trusts Association, Japan (General Incorporated Association) Member
Address Muromachi Furukawa Mitsui Building 16th Floor,
3-1, Nihonbashi Muromachi 2-chome, Chuo-ku, Tokyo,103-0022
Telephone +81-3-3516-3370
Established September 19, 2000
Capital ¥ 495 million
Shareholders
  • Mitsui Fudosan Co., Ltd.
    46％
  • Sumitomo Life Insurance Company
    35％
  • Sumitomo Mitsui Trust Bank, Limited
    5％
  • Sumitomo Mitsui Banking Corporation
    5％
  • Daido Life Insurance Company
    3％
  • Mitsui Sumitomo Insurance Company Limited
    3％
  • The Britel Fund Trustees Limited.
    3％
President & CEO Eiichiro Onozawa
Number of officers and employees 33

History

September 19, 2000
Establishment of MF Asset Management Co., Ltd. (capital: ¥100 million)
November 17, 2000
Obtained building lots and buildings transaction business license and approval of the Governor of Tokyo Metro No. (1) 79145
January 29, 2001
Obtained entrustment-based agency services for transactions license (based on Paragraph 1, Article 50-2 of the Building Lots and Buildings Transaction Business Act)
February 15, 2001
Registered as a general real estate investment advisor (General) 000007
March 7, 2001
Obtained approval to conduct investment trust entrustment business from of the Prime Minister (No. 3)
March 16, 2001
Joined the Investment Trusts Association, Japan
March 22, 2001
Increased capital to ¥198 million
May 23, 2001
Changed name to Nippon Building Fund Management Ltd.
June 16, 2001
Increased capital to ¥495 million

Full-Time Directors

April 1988
Joined Mitsui Fudosan Co., Ltd.
April 2008
Seconded to Mitsui Fudosan America, Inc.
Vice President
April 2009
Senior Vice President of the same
April 2014
Seconded to Mitsui Fudosan (U.K.) Ltd.
Deputy Managing Director
April 2016
Managing Director of the same
April 2020
General Manager, International Department (II), International Division of Mitsui Fudosan Co., Ltd.
April 2021
General Manager, Strategy Planning and Administration Department, International Division of Mitsui Fudosan Co., Ltd.
April 2022
Seconded to Nippon Building Fund Management, Ltd.;
President and CEO
>April 1991
Joined Mitsui Fudosan Co., Ltd.
April 2004
Residential Leasing Business Department,
Accommodation Business Division of the same
April 2012
Urban Development Department, Retail Properties Division of the same
April 2014
Hotel Business Department, Accommodation Business Division of the same
April 2018
Seconded to Mitsui Fudosan (Asia) Pte. Ltd.
Executive Director
April 2019
Seconded to TID Pte. Ltd.
Managing Director
April 2020
Seconded to Nippon Building Fund Management Ltd.
General Manager of Real Estate Investment Team,
Investment & Finance Group
April 2021
To be appointed Director and Chief Investment
Officer and Chief Financial Officer of the same
April 1993
Joined Sumitomo Life Insurance Company;
July 2007
Special Staff Manager of Credit Risk Analysis Sect.-II of the same;
October 2007
Assistant General Manager of Tenant Sales Sect. of the same;
March 2009
Seconded to Osaka Nishi Transportation Co., Ltd.;
General Manager of Planning Sect.
April 2013
Senior Special Staff Manager of Real Estate Investment Sect.;
of Sumitomo Life Insurance Company
March 2014
Senior Assistant General Manager of Real Estate Dept. of the same;
March 2018
Manager of Real Estate Investment Sect. of the same;
March 2020
Seconded to Nippon Building Fund Management Ltd.;
Director and Chief Operating Officer

Management Structure