http://www.businesswire.com/news/home/20091028005544/en
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, concerning the acquisition of
NOF Nagoya Fushimi Building announced in "Notice Concerning Property Acquisition
(NOF Nagoya Fushimi Building (tentative name))" released on July 4, 2008 and
"Notice Concerning Forward Commitments" released on March 26, 2009, the seller
and the Fund mutually agreed to change the scheduled acquisition date as stated
below.
In addition, no changes have been made to "Subsequent Conditions, etc." stated
in the "Notice Concerning Forward Commitments."
1. Change of the scheduled acquisition date
< Before > October 30, 2009
< After > December 25, 2009
2. Backgrounds
Considering the current leasing status of the property, the Fund has determined
to change the scheduled acquisition date after the negotiation with the seller
in order to acquire the property at the point of higher occupancy rate.
Regarding the leasing status as of today, we are currently negotiating with
several potential tenants toward settlement and we plan to pursue further
improvement of occupancy rate.
3. Forecasts of Financial Results
Forecasts of the financial results on the fiscal period ending October 31, 2009
have not been changed due to the slight effect by this change.
Please refer to the original news release for the complete information
http://www.nre-of.co.jp/site/file/tmp-UpERM.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
Copyright Business Wire 2009
