Oct 29 2009
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.
Source: http://www.nre-of.co.jp/english/