NIPPON REIT Investment CorporationSecurities code:3296

Overview of NRTTo Our Unitholders

On behalf of Nippon REIT Investment Corporation (“NIPPON REIT” or “NRT”), I would like to extend my sincere appreciation for your continued support.

Since its listing on the Tokyo Stock Exchange REIT Market on April 24, 2014, NRT has pursued stable asset management and sustainable growth from a medium- to long-term perspective as a diversified J-REIT, with the continued support of our unitholders and other stakeholders.

Since the SBI Group became our main sponsor in November 2022, we have further advanced our growth strategy by leveraging the Group's broad network, financial capabilities, real estate expertise, and other resources across its value chain. Through this multifaceted sponsor support, we have continued to pursue external growth, enhance internal growth, and strengthen our financial foundation.

Our portfolio is diversified across office, residential, and other property sectors. By combining assets with different income characteristics, we seek to achieve effective risk diversification while maintaining an appropriate balance between earnings growth potential and income stability.

As a diversified J-REIT, we also believe that our ability to acquire properties in sectors with attractive growth potential in response to changing market conditions represents a key competitive strength. Looking ahead, we will continue to enhance the quality of our portfolio by securing attractive investment opportunities while carefully monitoring developments in the Japanese economy and real estate market.

We remain committed to maximizing unitholder value from a medium- to long-term perspective by meeting the expectations of our stakeholders. We sincerely appreciate your continued support and encouragement.
Executive Officer:
Yasushi Iwasa
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