Nippon Building Fund Inc.

2023.9.21 Update Monthly Occupancy Rate Updated (As of August 31, 2023) FILE
2023.9.13 Release （Correction）44th Period (1st-Half 2023) Investor Presentation PDF88.8KB
2023.9.7 Release Notice of Acquisition of Assets (Nishi-Shinjuku Mitsui Bldg. (Additional Acquisition)) PDF890KB
2023.9.6 Release Notice Concerning Debt Financing PDF99.5KB
2023.9.1 Release Notice Concerning Debt Financing PDF97.7KB
2023.8.29 Release Notice Concerning Debt Refinancing PDF104KB
2023.8.29 Update Monthly Occupancy Rate Updated (As of July 31, 2023) FILE
2023.8.16 IR Webcast 44th Period (1st-Half 2023) Results Investor Meeting FILE
2023.8.16 IR (Correction) 44th Period (1st-Half 2023) Investor Presentation PDF4.1MB
2023.8.15 IR 44th Period (1st-Half 2023) Results PDF486KB

details

2023.9.13 Financial Results （Correction）44th Period (1st-Half 2023) Investor Presentation PDF88.8KB
2023.9.7 Properties Notice of Acquisition of Assets (Nishi-Shinjuku Mitsui Bldg. (Additional Acquisition)) PDF890KB
2023.9.6 Debt Finance Notice Concerning Debt Financing PDF99.5KB
2023.9.1 Debt Finance Notice Concerning Debt Financing PDF97.7KB
2023.8.29 Debt Finance Notice Concerning Debt Refinancing PDF104KB
2023.8.16 Financial Results (Correction) 44th Period (1st-Half 2023) Investor Presentation PDF4.1MB
2023.8.15 Financial Results 44th Period (1st-Half 2023) Results PDF486KB
2023.7.27 Debt Finance Notice Concerning Debt Refinancing PDF101KB
2023.6.30 Others Notice Concerning Acquisition of Science Based Targets (SBT) certification PDF172KB
2023.6.28 Debt Finance Notice Concerning Debt Financing PDF103KB

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 69
Asset Size 1,467.9billion yen

Contract base as of September 7, 2023

Occupancy Rate 97.3%

As of August 31, 2023

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 June 30, 2023

Investor Relations

Information disclosure
to stakeholders

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

Actual 11,500yen 44th Period (1H/2023)
Forecast 11,500yen 45th Period (2H/2023)
Forecast 11,500yen 46th Period (1H/2024)
Forecast 11,500yen 47th Period (2H/2024)

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.