Results and Strength of Nomura Real Estate Group

  • Strategic Collaboration with Nomura Real Estate Group "PROUD FLAT"
  • Extensive expertise and skills concerning residential property management
  • Management skills of Nomura Real Estate Asset Management through the management of multiple REITs

Strategic Collaboration with Nomura Real Estate Group

Nomura Real Estate Group

Nomura Real Estate Group has extensive expertise and skills in apartment development and sales, and brokerage/management/operation of various types of real estate.
Nomura Real Estate Group has been gathering know-how concerning development and management of residential properties through development and management of various residential properties including large-scale apartments, superhigh-rise apartments, compact apartments, large single-family housing, and urban single-family housing under the "PROUD" brand.

"PROUD" brand signifies a home that its residents, creators and even the local community can be "proud" of.
The Fund will make maximum use of the development and acquisition of rental apartments "PROUD FLAT" utilizing the housing related expertise such as land acquisition/product planning/asset management and strategic collaboration with the Nomura Real Estate Group, which are deemed as the key to its growth strategy.
"PROUD FLAT" is a brand name used solely for properties developed by the Nomura Real Estate Development Co., Ltd., to match the Fund's investment policy and property selection criteria, and subsequently acquired by the Fund.

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"PROUD FLAT"

The Fund deems continuous acquisition of "PROUD FLAT" properties from the Nomura Real Estate Group and management under the "PROUD FLAT" brand to be the key to its external growth strategy.

Typical Samples of the "PROUD FLAT" Series

  • PROUD FLAT Shirokane Takanawa
  • PROUD FLAT Gakugei Daigaku
  • PROUD FLAT Shibuya Sakuragaoka
  • PROUD FLAT Meguro Gyoninzaka
  • PROUD FLAT Yokohama
  • PROUD FLAT Sangen Jaya

For "PROUD FLAT" properties acquired or scheduled to be acquired, refer to "Portfolio - List of Portfolio." For the ratio of "PROUD FLAT" properties within acquired and scheduled to be acquired assets, refer to "Portfolio - Performance."

PROUD FLAT Series Features
  • - Selection of location suited for urban rental housing through utilization of Nomura Real Estate Group's network and expertise on development and sales business
  • - Realizing space design and basic building functionality sought in rental housing
  • - Quality control through Nomura Real Estate's unique "multi-family housing design standards (rental housing version)" and "Quality Management Inspection Guide," and appropriate asset management.

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Extensive Expertise and Skills Concerning Residential Property Management

Nomura Real Estate Group has the know-how and management skills regarding residential facilities in asset management proven by over five years of experience in asset management for private funds and asset management for NRF

Nomura Real Estate Group has the know-how and management skills regarding residential facilities in asset management proven by over five years of experience in asset management for private funds and asset management for NRF

The Asset Management Company has provided capacity to respond to the changes in the area characteristics and tenancy demands, aging of the portfolio and increase in number of properties under management into the future.

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Application of Experience as an Asset Management Company for a Listed REIT

Asset Management for Several Investment Companies

Asset Management Business NOMURA REAL ESTATE ASSET MANAGEMENT NOMURA Residential Fund NOMURA Office Fund

Nomura Real Estate Asset Management ("NREAM") began the asset management of Nomura Real Estate Office Fund ("NOF") in December 2003. NREAM became the first asset management company in Japan to be authorized a licensed to manage multiple REITs in February 2006, and began managing NRF's assets in September 2006, and has since been managing two listed REITs.

In managing assets entrusted by the Fund and Nomura Real Estate Office Fund, Inc., the Asset Management Company has established appropriate internal systems to prevent causing detriment to the benefit of relevant investment companies.

Experience in Management of Listed REITS

Asset Management Company's ample experience in providing asset management services to listed REITs is believed to be utilized extensively in management of the Fund's assets in the following aspects:

  • Properly-organized and effectively-functioning internal governance system
  • Compliance system that includes securing fairness and transparency
  • Development and execution of financial strategies including funding from the capital market

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