For Translation Purposes Only December 11, 2007 Notice
For Translation Purposes Only December 11, 2007 For Immediate Release Nomura Real Estate Residential Fund, Inc. Nobuyuki Hamada, Representative and Executive Director (Securities Code: 3240) Asset Management Company: Nomura Real Estate Asset Management Co., Ltd. Tatsuo Inoue, President and Chief Executive Officer Inquiries: Masatomi Natsume, Director Residential Management Division TEL: +81-3-3365-7729 Notice Concerning Property Acquisition Nomura Real Estate Residential Fund, Inc. (“Nomura Residential Fund” or the “Fund”) announced today that is has determined to acquire real estate, as briefly explained below. 1. Summary of the Assets (1) URBAN STAGE Hongo Ikizaka Type of Asset Real estate Property Name URBAN STAGE Hongo Ikizaka Acquisition Price ¥647,000 thousand (excluding acquisition related costs, fixed asset taxes, urban planning taxes, consumption taxes and local consumption taxes) Date of Agreement December 12, 2007 (date of agreement on purchase and sale of the real estate) Scheduled Date of Acquisition December 12, 2007 (date of delivery of the real estate) Seller Noel Co., Ltd. (refer to “6. Seller Profile” below) Financing Acquisition scheduled through debt financing Form of Payment Payment in full at the time of purchase (Note) Although the current property name is “Playade Hongo Motomachi”, the Fund plans to change the name to the one stated above at the earliest opportunity, after the acquisition. (2) URBAN STAGE Shinjuku Ochiai Type of Asset Real estate Property Name URBAN STAGE Shinjuku Ochiai Acquisition Price ¥635,000 thousand (excluding acquisition related costs, fixed asset taxes, urban planning taxes, consumption taxes and local consumption taxes) Date of Agreement December 12, 2007 (date of agreement on purchase and sale of the real estate) Scheduled Date of Acquisition December 12, 2007 (date of delivery of the real estate) Seller Noel Co., Ltd.
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