Nippon Building Fund Inc.

About

Nippon Building Fund Inc. is an investment corporation under the Law Concerning Investment Trusts and Investment Corporations of Japan. With Mitsui Fudosan Co., Ltd., Sumitomo Mitsui Trust Bank, Limited. and Nippon Building Fund Management Ltd, (hereinafter NBFM) acting as sponsors. Registration with the Kanto Local Finance Bureau of the Ministry of Finance was completed on May 10, 2001 and NBF started acquisition of office properties on May 23, 2001. NBF is an externally managed real estate fund, formed as an investment corporation. NBFM, as NBF's asset management company, is engaged in acquiring, managing, leasing, and renovating office properties. Mitsui Fudosan Co., Ltd. currently owns 46% of NBFM while Sumitomo Life Insurance Company owns 35% and the remaining 19% is mainly owned by financial institutions. On September 10, 2001, NBF had raised approximately 50,000 million yen through an initial public offering of units. Those units are listed on the J-REIT section of the Tokyo Stock Exchange. As of June 30, 2025, NBF had ownership or beneficiary interests in 68 office properties containing approximately 1,207,586 square meters of rentable office space. As of June 30, 2025, NBF had leased office space to 1,545 tenants engaged in a variety of businesses. The occupancy rate for office properties was approximately 98.6%. Nippon Building Fund Inc. was incorporated in 2001 in Japan. Nippon Building Fund Inc. was established on March 16, 2001.