- 2025.4.25 Release Notice Concerning Debt Refinancing PDF103KB
- 2025.4.16 Update Monthly Occupancy Rate Updated (As of March 31, 2025) FILE
- 2025.3.31 Info Acquisition of Yokohama Mitsui Bldg. Completed. FILE
- 2025.3.28 IR NBF Report Jul.-Dec.2024 47th Period PDF1.2MB
- 2025.3.27 Release Notice Concerning Debt Refinancing PDF103KB
- 2025.3.27 Info Disposition of Shiba NBF Tower completed. FILE
- 2025.3.26 Release Notice Concerning Debt Financing PDF121KB
- 2025.3.26 Info (Correction) "Notice of Convocation of the 14th General Meeting of Unitholders" has been updated with partial corrections. FILE
- 2025.3.24 Update Monthly Occupancy Rate Updated (As of February 28, 2025) FILE
- 2025.3.13 Release Notice Concerning Expected Change of Auditors of Asset Management Company PDF152KB
- 2025.4.25 Debt Finance Notice Concerning Debt Refinancing PDF103KB
- 2025.3.27 Debt Finance Notice Concerning Debt Refinancing PDF103KB
- 2025.3.26 Debt Finance Notice Concerning Debt Financing PDF121KB
- 2025.3.13 Others Notice Concerning Expected Change of Auditors of Asset Management Company PDF152KB
- 2025.2.26 Debt Finance Notice Concerning Debt Refinancing PDF104KB
- 2025.2.18 Financial Results 47th Period (2nd-Half 2024) Investor Presentation PDF2.0MB
- 2025.2.17 Financial Results 47th Period (2nd-Half 2024) Results PDF681KB
- 2025.2.17 Financial Results 47th Period (2nd-Half 2024) Financial Summary PDF455KB
- 2025.2.17 Properties Notice of Acquisition of Asset (D-TOWER TOYAMA) PDF680KB
- 2025.1.31 Others Notice Concerning Amendment of Articles of Incorporation and Appointment of Directors PDF723KB

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 67
- Asset Size 1,467.2billion yen
- Occupancy Rate 99.1%

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 2,462yen 47th Period (2H/2024)
- Forecast 2,400yen 48th Period (1H/2025)
- Forecast 2,400yen 49th Period (2H/2025)
- Forecast yen 50th Period (2H/2025)
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.