NOMURA REAL ESTATE OFFICE FUND, INC.
For Translation Purposes Only
For Immediate Release
Nomura Real Estate Office Fund, Inc. Yoshiyuki Ito, Executive Director (Securities Code: 8959)
Asset Management Company:
Nomura Real Estate Asset Management Co., Ltd. Norio Ambe, President and Chief Executive Officer Inquiries:
Shoji Yoshihara, General Manager, NOF Investment Management
TEL: +81-3-3365-0507
EMAIL:nreof8959@nomura-re.co.jp
August 27, 2015
Nomura Real Estate Office Fund, Inc. ("Nomura Office Fund" or the "Fund") announced the resolution of Nomura Real Estate Asset management Co., Ltd. ("NREAM"), a licensed investment trust management company retained by the Fund to provide asset management services, at NREAM's Board of Directors Meeting held today, the changes in organization and changes in important employees, as follows.
The changes in organization and changes in important employees, as mentioned above, are all
scheduled to be effective on October 1, 2015.
1. Changes in Organization
NREAM will establish NMF Investment Management Group, and will establish Fund Management Department, Asset Management Department I, and Asset Management Department II under NMF Investment Management Group, for rebuilding the asset management structure along with the merger between the Fund, Nomura Real Estate Master Fund, Inc., and Nomura Real Estate Residential Fund, Inc., scheduled on October 1, 2015.
NREAM will also demolish NOF Investment Management Department, NRF Investment Management Department, NMF Investment Management Department, and Investment Performance Analysis Section.
Please refer to the attachment for the organization chart before and after the changes.
2. Changes in Important Employees
Due to the changes regarding the new structure, changes in important employees have been determined at NREAM's Board of Directors Meeting held today, as mentioned below.
Important Employees scheduled to assume office (as of October 1, 2015)
Name | Title (New) | Title (Former) |
Motomi Uki | Head of NMF Investment Management Group, General Manager, Fund Management Department, NMF Investment Management Group | General Manager, NMF Investment Management Department |
Shoji Yoshihara | General Manager, Asset Management Department I, NMF Investment Management Group | General Manager, NOF Investment Management Department |
Tetsuya Ohira | General Manager, Asset Management Department II, NMF Investment Management Group | General Manager, NRF Investment Management Department |
The Fund will report these changes pursuant to the Financial Instruments and Exchange Law, Building Lots and Buildings Transaction Business Law, and other applied laws and regulations.
* URL: http://www.nre-of.co.jp/english/
(Reference) Organization chart before change (current structure) and after change
[Before change (current structure)]
Corporate Planning Legal & Compliance Internal Audit
Accounting
Discretionary Investm ent Managem ent Section Investment Performance Analysis Section Finance
Client Relations & Marketing
Investment Management
Product Management Research & Analysis Section Acquisitions
Investment Management Planning NOF Investment Management NRF Investment Management NMF Investment Management
NPR Investment Management
[After change]
Corporate Planning Legal & Compliance Internal Audit
Accounting
Discretionary Investm ent Managem ent Section
Finance
Client Relations & Marketing
Investment Management
Product Management Research & Analysis Section Acquisitions
Investment Management Planning
Fund Management
Asset Management I Asset Management II
NPR Investment Management
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