Nippon Building Fund Inc.

2026.2.16 IR 49th Period (2nd-Half 2025) Financial Summary PDF717KB
2026.2.16 IR 49th Period (2nd-Half 2025) Results PDF339KB
2026.1.23 Release Notice Concerning Debt Financing PDF103KB
2026.1.23 Update Monthly Occupancy Rate Updated (As of December 31, 2025) FILE
2026.1.21 Release Notice Concerning Decision of Number of New Investment Units to be Issued by Third Party Allocation PDF117KB
2026.1.14 Release Notice Concerning Determination of Price etc. for Issue of New Investment Units and Secondary Offering of Investment Units PDF132KB
2026.1.9 Release Notice Concerning Debt Financing PDF103KB
2026.1.7 Release Notice Concerning Issue of New Investment Units and Secondary Offering of Investment Units PDF160KB
2026.1.7 Release Notice of Acquisition of Domestic Real Estate Trust Beneficiary Interests and Asset and Disposition of Domestic Real Estate Trust Beneficiary Interests (Acquisition of Nihonbashi Honcho M-SQUARE and One Other Property, and Disposition of Sumitomo Densetsu Bldg.) PDF3.1MB
2026.1.7 Release Notice Concerning Revisions of Forecast of Operating Results and Distributions Per Unit for the Period Ending June 30, 2026, and Forecast of Operating Results and Distributions Per Unit for the Period Ending December 31, 2026 PDF165KB

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2026.2.16 Financial Results 49th Period (2nd-Half 2025) Financial Summary PDF717KB
2026.2.16 Financial Results 49th Period (2nd-Half 2025) Results PDF339KB
2026.1.23 Debt Finance Notice Concerning Debt Financing PDF103KB
2026.1.21 Equity Finance Notice Concerning Decision of Number of New Investment Units to be Issued by Third Party Allocation PDF117KB
2026.1.14 Equity Finance Notice Concerning Determination of Price etc. for Issue of New Investment Units and Secondary Offering of Investment Units PDF132KB
2026.1.9 Debt Finance Notice Concerning Debt Financing PDF103KB
2026.1.7 Equity Finance Notice Concerning Issue of New Investment Units and Secondary Offering of Investment Units PDF160KB
2026.1.7 Properties Notice of Acquisition of Domestic Real Estate Trust Beneficiary Interests and Asset and Disposition of Domestic Real Estate Trust Beneficiary Interests (Acquisition of Nihonbashi Honcho M-SQUARE and One Other Property, and Disposition of Sumitomo Densetsu Bldg.) PDF3.1MB
2026.1.7 Financial Results Notice Concerning Revisions of Forecast of Operating Results and Distributions Per Unit for the Period Ending June 30, 2026, and Forecast of Operating Results and Distributions Per Unit for the Period Ending December 31, 2026 PDF165KB
2025.12.26 Debt Finance Notice Concerning Debt Financing PDF106KB

details

About NBF

Aiming to achieve steady growth
and secure stable profits
as the largest J-REIT in Japan

As the largest J-REIT in Japan, NBF aims to achieve steady growth of its assets and secure stable profits from a medium- to long-term perspective by maximizing the know-how of its sponsor, the Mitsui Fudosan Group.

Portfolio

An office-specialized J-REIT
sponsored by Mitsui Fudosan

NBF builds a competitive portfolio capturing tenant needs mainly in central Tokyo.

Number of Properties 70
Asset Size 1,519.0billion yen

As of February 16, 2026

Occupancy Rate 98.3%

As of December 31, 2025

Financials

Appropriate control of LTV
Long-term fixed-rate borrowings with diversified repayment dates
Highest rating as a J-REIT

NBF strives to conduct conservative financial management by targeting an LTV ratio of 36-46% and a ratio of long-term fixed-rate borrowings of 80% or higher.

JCR AA＋
R&I AA
S&P A＋

As of December 31, 2025

Investor Relations

Information disclosure
to stakeholders

NBF strives to implement timely and accurate information disclosure to stakeholders.

Actual 2,454yen 49th Period (2H/2025)
Forecast 2,460yen 50th Period (1H/2026)
Forecast 2,465yen 51st Period (2H/2026)
Forecast yen

NBF implemented a split of its investment units on a five-for-one basis effective as of October 1, 2024.
The forecasted distributions for the 47th and 48th fiscal periods are the amounts after the split.

ESG Initiatives

Making efforts on the enhancement of portfolio quality with the consideration for ESG

NBF will not only give consideration to the environment but also promote communication with stakeholders and governance initiatives by regarding ESG initiatives as a management issue.