Investor Presentaiton

3-4 Planned Properties Acquisition for the 31st Period (ending December 31, 2016) [Map] Toyo-cho Center Bldg. [Floor Plan (2nd, 3rd Floor)] NBF Wapen Building Fund DRITING e フレッサイン W MY ARELY 1478 甘そば永代通用第三体育 RET 「塩浜通りホテルルートインセンター Toyo-cho Center Bldg. Location Completion Total floor space Contract date Acquisition date Acquisition price Appraisal value (As of July 1, 2016) Toyo, Koto-ku, Tokyo March 18, 1994 5,757 tsubo (19,033m²) July 29, 2016 August 31, 2016 ¥7,800 million ¥8,270 million NOI yield (Appraisal NOI/ 5.5% Acquisition price) Occupancy rate 100% (As of July 1, 2016) Share 100% [Property Features] Location The Toyocho area offers excellent access to Nihonbashi, Otemachi and the central business districts of Tokyo, thus serving the growing need for back-up offices for finance and IT companies. In additional the property has a highly convenient location that is a four-minute walk from Toyocho Station on the Tokyo Metro Tozai Line. Specifications A solidly competitive property in the Toyocho area with extensive open space and appropriate basic specifications. Area for floors 2 and 3: approx. 880 tsubo (2,908m); ceiling height: 2,700 mm; OA flooring. Seller Domestic general corporation and individuals 18 Rentable area of about 880 tsubo (2,908m²) (floors 2 and 3) Nishi-Shinjuku Mitsui Bldg. (additional acquisition) Location Acquisition date Acquisition price Share Nishi Shinjuku, Shinjuku-ku, Tokyo July 21, 2016 ¥68 million 0.31% (After acquisition: 86.36%)

View entire presentation