Nippon Building Fund Inc. Overview
Pro stress-test →NBF is Japan's largest real estate investment trust (J-REIT) which invests in office buildings primarily in Tokyo as well as nationwide. NBF pursues the increase of unitholder value by establishing a highly competitive portfolio primarily in the 23 wards of Tokyo.
Strategic Profile
Pro stress-test →As NBF's asset management company, NBFM 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.
Competitive Landscape
Pro stress-test →NBF is the largest, office-specialized J-REIT, mainly sponsored by Mitsui Fudosan Co., Ltd. It competes with other major Japanese office REITs including Japan Real Estate Investment Corporation, Japan Metropolitan Fund, ORIX JREIT, and Daiwa Office Investment Corporation.
Industry Context
Nippon Building Fund Inc. operates in Real Estate Investment Trust (J-REIT).
Key facts
Founded: 2001 · Headquarters: Tokyo, Japan