Nippon Building Fund Inc.

2025.6.30 Update ESG Report has been revised FILE
2025.6.30 Info Acquisition of D-TOWER TOYAMA Completed. FILE
2025.6.27 Release Notice Concerning Debt Financing PDF146KB
2025.6.26 Release Notice Concerning Debt Refinancing PDF117KB
2025.6.26 Update Monthly Occupancy Rate Updated (As of May 31, 2025) FILE
2025.6.25 Release Notice Concerning Determination of Price etc. for Issue of New Investment Units and Secondary Offering of Investment Units PDF136KB
2025.6.19 Release Notice Concerning Issue of New Investment Units and Secondary Offering of Investment Units PDF161KB
2025.6.19 Release Notice Concerning Revisions of Forecast of Operating Results for the Period Ending December 31, 2025, and the Forecasts of Operating Results and Distributions Per Unit for the Period Ending June 30, 2026 PDF154KB
2025.6.19 Release Notice Concerning Partial Change to Funds for Acquisition of Domestic Real Estate Trust Beneficiary Interests PDF88.6KB
2025.5.30 Release Notice of Acquisition of Domestic Real Estate Trust Beneficiary Interests (Frontier Musashikosugi N Building and S Building) PDF2.3MB

details

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
2025.6.19 Equity Finance Notice Concerning Issue of New Investment Units and Secondary Offering of Investment Units PDF161KB
2025.6.19 Financial Results Notice Concerning Revisions of Forecast of Operating Results for the Period Ending December 31, 2025, and the Forecasts of Operating Results and Distributions Per Unit for the Period Ending June 30, 2026 PDF154KB
2025.6.19 Properties Notice Concerning Partial Change to Funds for Acquisition of Domestic Real Estate Trust Beneficiary Interests PDF88.6KB
2025.5.30 Properties Notice of Acquisition of Domestic Real Estate Trust Beneficiary Interests (Frontier Musashikosugi N Building and S Building) PDF2.3MB
2025.5.28 Debt Finance Notice Concerning Debt Financing PDF108KB
2025.5.28 Debt Finance Notice Concerning Debt Refinancing PDF107KB
2025.5.14 Properties (Correction) Notice of Acquisition and Disposition of Domestic Real Estate Trust Beneficiary Interests PDF131KB

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 68
Asset Size 1,476.2billion yen

As of June 30, 2025

Occupancy Rate 98.9%

As of May 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, 2024

Investor Relations

Information disclosure
to stakeholders

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

Actual 2,462yen 47th Period (2H/2024)
Forecast 2,400yen 48th Period (1H/2025)
Forecast 2,400yen 49th Period (2H/2025)
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.