Nippon Building Fund Inc.
Notice Regarding New Investment Unit Issuance and Investment Unit Sell-Off
Nippon Building Fund Inc. resolved at the Board of Directors meeting on January 7, 2026, to publicly offer 157,200 new investment units and allocate 7,800 units in a third-party allotment, planning to raise up to approximately 22.645 billion yen.
Key Figures
- Number of new investment units issued by public offering: 157,200 units
- Number of new investment units issued by third-party allotment: 7,800 units
- Planned funds to be raised (net proceeds estimate): 22,634,535,000 yen (upper limit)
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on January 7, 2026, Nippon Building Fund Inc. resolved to issue 157,200 new investment units through public offering and 7,800 units by third-party allotment. The issue price is yet to be determined and will be decided at the Board meeting held between January 14 and 19, 2026. Nomura Securities and Daiwa Securities will act as joint lead managers for the public offering, with multiple securities firms serving as underwriters. The third-party allotment will be allocated to Nomura Securities to accommodate the over-allotment sell-off. As a result, the total number of issued investment units is expected to reach a maximum of 8,815,000 units.
Purpose of Fundraising and Future Outlook
The estimated net proceeds amount to a maximum of approximately 22.645 billion yen, primarily intended for acquiring new specified assets. This will enable the company to secure financial stability while expanding asset scale and enhancing portfolio quality, aiming to improve investor value. The determination of the issue price and other details is contingent upon the effectiveness of the filing under the Financial Instruments and Exchange Act, with subscription and payment periods duly specified. Future operational status and distribution forecasts will be announced separately.
