- 2025.10.2 Release Notice Concerning GRESB Assessment Results PDF158KB
- 2025.9.30 Release Notice of Acquisition and Disposition of Domestic Real Estate Trust Beneficiary Interests (Acquisition of CONNECT SAPPORO and Disposition of NBF Sapporo Minami Nijo Bldg.) PDF430KB
- 2025.9.30 Update Monthly Occupancy Rate Updated (As of August 31, 2025) FILE
- 2025.9.29 IR NBF Report January.-June.2025 48th Period PDF1.2MB
- 2025.8.21 Update Monthly Occupancy Rate Updated (As of July 31, 2025) FILE
- 2025.8.18 IR Webcast 48th Period (1st-Half 2025) Results Investor Meeting FILE
- 2025.8.18 IR 48th Period (1st-Half 2025) Investor Presentation PDF2.4MB
- 2025.8.15 IR 48th Period (1st-Half 2025) Financial Summary PDF855KB
- 2025.8.15 IR 48th Period (1st-Half 2025) Results PDF323KB
- 2025.7.29 Release Notice Concerning Debt Financing PDF110KB
- 2025.10.2 Others Notice Concerning GRESB Assessment Results PDF158KB
- 2025.9.30 Properties Notice of Acquisition and Disposition of Domestic Real Estate Trust Beneficiary Interests (Acquisition of CONNECT SAPPORO and Disposition of NBF Sapporo Minami Nijo Bldg.) PDF430KB
- 2025.8.18 Financial Results 48th Period (1st-Half 2025) Investor Presentation PDF2.4MB
- 2025.8.15 Financial Results 48th Period (1st-Half 2025) Financial Summary PDF855KB
- 2025.8.15 Financial Results 48th Period (1st-Half 2025) Results PDF323KB
- 2025.7.29 Debt Finance Notice Concerning Debt Financing PDF110KB
- 2025.7.2 Equity Finance Notice Concerning Decision of Number of New Investment Units to be Issued by Third Party Allocation PDF117KB
- 2025.6.27 Debt Finance Notice Concerning Debt Financing PDF146KB
- 2025.6.26 Debt Finance Notice Concerning Debt Refinancing PDF117KB
- 2025.6.25 Equity Finance Notice Concerning Determination of Price etc. for Issue of New Investment Units and Secondary Offering of Investment Units PDF136KB

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 1,505.2billion yen
- Occupancy Rate 98.7%

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+

Investor Relations
Information disclosure
to stakeholders
NBF strives to implement timely and accurate information disclosure to stakeholders.
- Actual 2,495yen 48th Period (1H/2025)
- Forecast 2,420yen 49th Period (2H/2025)
- Forecast 2,448yen 50th Period (1H/2026)
- Forecast 2,420yen 50th Period (1H/2026)
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.