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Nomura Office Fund Announces Change of the Property Management Company

TOKYO - 
      Nomura 
      Real Estate Office Fund, Inc. (NOF)(URL:
Posted : Fri, 30 Oct 2009 08:39:30 GMT
Author : Nomura Real Estate Office Fund, Inc.
Category : Press Release
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TOKYO - (Business Wire) Nomura Real Estate Office Fund, Inc. (NOF)(URL: http://www.nre-of.co.jp/english/) (TOKYO:8959), a Japanese office building real estate investment trust (J-REIT), announces that it has decided to change the property management company (the “PM Company”) on November 1, 2009, as stated below.

1. Details of Change

 

(1) Property

Property Name     Location
Nomura Hiroshima Building     Naka-ku, Hiroshima City
   

(2) PM Company

Current PM Company     New PM Company
Nomura Real Estate Development, Co., Ltd     Nomura Building Management Co., Ltd.
   

2. Reason for Change

The Fund decided to change the PM Company as it received the notice of termination of property management commission agreement from the current PM Company.

The Fund has determined to assign Nomura Building Management Co., Ltd. with the reasons that, 1) the new PM Company can provide efficient services as it has its local office in Hiroshima, 2) it has built good relationship with the existing tenants of Nomura Hiroshima Building as it has been the outsourcee of the property’s facility management.

Please refer to the original news release for the complete information.

http://www.nre-of.co.jp/site/file/tmp-ETP2m.pdf

< About NOF > URL: http://www.nre-of.co.jp/english/

NOMURA OFFICE FUND, INC.(NOF) is listed on the Tokyo Stock Exchange(J-REIT) with the securities code number 8959, managed by Nomura Real Estate Asset Management Co., Ltd. (NREAM) within the Nomura Real Estate Group. The NOF Portfolio consists of office buildings located in the three major metropolitan areas and government-designated cities, etc.

Executive Director: Yuichi Maruko

*Asset Management Company (AM Company): Nomura Real Estate Asset Management Co., Ltd.

*President and Chief Executive Officer of the AM Company: Tatsuo Inoue

Nomura Real Estate Asset Management Co., Ltd.
Atsushi Ogata +81-3-3365-0507
Director
Office Management Division


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