Nippon Building Fund Inc.

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
2025.12.26 Release Notice Concerning Debt Financing PDF106KB
2025.12.24 Update Monthly Occupancy Rate Updated (As of November 30, 2025) FILE
2025.12.24 Update ESG Report has been revised FILE
2025.12.1 Release Notice Concerning Change of Name of Managed Assets(NBF CONNECT SAPPORO (Former Name : CONNECT SAPPORO)) PDF99.2KB
2025.11.28 Info Acquisition of CONNECT SAPPORO Completed.
FILE
2025.11.26 Release Notice Concerning Debt Financing PDF102KB

details

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
2025.12.1 Properties Notice Concerning Change of Name of Managed Assets(NBF CONNECT SAPPORO (Former Name : CONNECT SAPPORO)) PDF99.2KB
2025.11.26 Debt Finance Notice Concerning Debt Financing PDF102KB
2025.11.25 Debt Finance 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

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 November 28, 2025

Occupancy Rate 98.2%

As of November 30, 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 June 30, 2025

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 2,460yen 50th Period (1H/2026)
Forecast 2,465yen 51th Period (2H/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.