[For Translation Purposes Only] March 21, 2017 Nomura Real Estate Master Fund, Inc. Securities Code: 3462 Satoshi Yanagita, Executive Director Asset Management Company: Nomura Real Estate Asset Management Co., Ltd. Norio Ambe, President & Chief Executive Officer Inquiries: Ken Okada Director and Managing Executive Officer TEL. +81-3-3365-8767
[email protected] Notice Concerning Property Acquisition and Disposition Nomura Real Estate Master Fund, Inc. (“Nomura Master Fund” or the “Fund”) announced the decision made today by Nomura Real Estate Asset management Co., Ltd., a licensed investment trust management company retained by the Fund to provide asset management services, that it will acquire and dispose assets (the “Acquisition” and the “Disposition,” respectively; the Acquisition and the Disposition collectively referred to as the “Transaction”), as described below. 1. Summary of Assets to be Acquired/Disposed 1) Summary of Assets to be Acquired (Scheduled) Date of Acquisition price No. Property name Use agreement Date of Seller (¥million) (Note1) acquisition 1 NRE Kichijoji Building(additional Retail 5,100 stake acquisition)(Note2) 2 Landport Kashiwa ShonanⅠ Logistics March 21, Nomura Real 9,900 2017 March 31, Estate 2017 Development 3 Proud Flat Omori Ⅲ Residential Co., Ltd. 1,110 4 Proud Flat Kinshicho Residential 785 Total 16,895 (Note 1) The amount excluding acquisition related costs, property tax, city planning tax, consumption tax and local consumption tax is stated. (Note 2) This acquisition is of an additional 49.0% quasi co-ownership stake in a beneficial interest in a real estate trust for the property. Together with the 51.0% quasi co-ownership stake in a beneficial interest in the real estate trust acquired by the Fund on October 30, 2015, this acquisition makes the Fund the sole owner of the beneficial interest in the real estate trust.