Japan Real Estate Asset Management is an asset management company of Japan Real Estate Investment Corporation, the first publicly listed J-REIT in Japan.

Japan Real Estate Asset Management Co.,Ltd.

Japan Real Estate Asset Management Co., Ltd.

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About JRE-AM

Corporate DataAs of December 18, 2017

Corporate Name Japan Real Estate Asset Management Co., Ltd.
Address OTEMACHI Park Building 1-1-1 Otemachi, Chiyoda-ku, Tokyo 100-0004, Japan Google Map
Date of Establishment October 1, 2000
Capital ¥263,197,000
Shareholders Mitsubishi Estate Co., Ltd. 90%
Mitsui & Co., Ltd. 10%
Business Lines Investment management business (Financial Instrument Business Operator, Director of the Kanto Local Finance Bureau (Kinsho) No. 335 and Member of The Investment Trusts Association, Japan)
Number of Employees 34 (excluding part-time directors)
Directors President & CEO       Naoki Umeda
Director           Ruta Yoshida
Director (part-time)    Hirokazu Aoyagi
Director (part-time)    Kozuki Ito
Auditor (part-time)     Yuuichi Ikeda
Licenses, etc. Financial Instruments Business Operator Registration
Registration Number : Director of Kanto Local Finance Bureau (Kinsho) No. 335
Building Lots and Building Transaction License
License Number : Governor of Tokyo (4) No. 78927
Building Lots and Building Transaction Agency Permit
Permit Number : Minister of Land, Infrastructure, Transport and Tourism No. 1
Memberships The Investment Trusts Association, Japan
The Association for Real Estate Securitization

History

January 11, 1972 Established Ryochi Real Estate Co., Ltd .
September 8, 2000 Obtained Building Lots and Building Transaction License
October 1, 2000 Changed its trade name to Japan Real Estate Asset Management Co., Ltd.

Changed business line to investment corporation asset management business under Article 2-17 of the former Act on Investment Trusts and Investment Corporations prior to the revised Act on Investment Trusts and Investment Corporations enacted on September 30, 2007
December 19, 2000 Obtained Building Lots and Building Transaction Agency Permit
March 7, 2001 Obtained business permit as investment trust management business under the former Investment Trust Act
May 18, 2001 Concluded investment management agreement with Japan Real Estate Investment Corporation
September 30, 2007 Registered as investment management business

Message from the President

Japan Real Estate Asset Management (“JRE-AM”) provides asset management services for Japan Real Estate Investment Corporation (“JRE”), the first J-REIT in Japan to be listed on the Tokyo Stock Exchange in September 2001. With Mitsubishi Estate and Mitsui & Co. as our shareholders, JRE-AM has been able to take advantage of a broad range of expertise and gain personnel support from these two companies. We feel very proud that we have been appreciated by many investors for our steady track record of distribution payments and our strategic asset management policy based on long-term perspective. Also, we are very proud that we have made contributions to enhancing the transparency of the Japanese real estate market through our active information disclosure.

JRE is a J-REIT specializing in office buildings in Japan. With its asset size now exceeding 1 trillion yen, it offers excellent investment opportunities for a diversified office portfolio to a wide range of investors. We aim to further grow our portfolio in order to ensure more stable cash flows and enhanced liquidity of our listed units.

In terms of the outlook of the future business environment, we recognize that significant changes may occur in the office market due to aging and shrinking population in Japan and rapid progress in information technologies. Through forward-thinking and proactive asset management that looks ahead of such changes in the operating landscape, we will continue our efforts toward further improving our portfolio competitiveness and achieving steady growth of our cash distributions.

Recently, there has been growing awareness that ESG (Environment, Social and Governance) initiatives are crucial for making continuous improvements in corporate value. JRE-AM believes it is our responsibility to uphold initiatives aimed at addressing key ESG issues in real estate asset management business more proactively than we have been doing. JRE-AM has established the Sustainability Policy to identify key issues and declare our course of action. In implementing ESG initiatives, we would like to collaborate with our stakeholders including tenants, employees, members of supply chains, and communities as well as unitholders through open communication.

Our mission is to provide convenient and pleasant office spaces for tenants and maximize long-term return for unitholders while contributing to the society through a wide range of ESG initiatives. Your continued support will be greatly appreciated.

Naoki Umeda
President & CEO

Organization

Organization

About the Compliance Committee

The Compliance Committee deliberates on and determines development of the compliance system for JREA and other material compliance-related matters. The committee is also charged with preventing business transactions between Japan Real Estate Investment Corporation and key related parties from causing harm to the interests of the Investment Corporation.

About the Investment Management Council

The Investment Management Council deliberates on the Investment Corporation's asset management plan, medium- to long-term management policy, asset management plan, standards of asset management and investment management and other important decisions and investments. Following this, approvals or resolutions are made based on discussions at JREA's Board of Directors and the Investment Corporation's Board of Directors.

Compliance Department

(Business Related to Investment Corporation)

  • ●Business related to promotion and control of compliance
  • ●Business related to Management of legal affairs

(Business Related to Asset Management Company)

  • ●Business related to promotion and control of corporate compliance
  • ●Business related to Management of legal affairs
  • ●Business related to internal audits
  • ●Supervisory authority relations

Planning Department

(Business Related to Investment Corporation)

  • ●Planning and creation of the medium- to long-term policy on asset management
  • ●Business related to investor relations and disclosure
  • ●Business associated with entrusted asset management business
  • ●Survey and analysis of real estate markets

Finance and Accounting Department

(Business Related to Investment Corporation)

  • ●Business related to fundraising strategy
  • ●Business related to equity finance
  • ●Business related to debt finance
  • ●Business related to cash management
  • ●Business related to accounting and tax practice

Real Estate Investment Department

(Business Related to Investment Corporation)

  • ●Acquisition and transfer of real estate and other assets

Real Estate Management Department

(Business Related to Investment Corporation)

  • ●Leasing and management of real estate and other assets

Corporate Administration Department

(Business Related to Asset Management Company)

  • ●Development of business strategy
  • ●Business related to general affairs, personnel affairs and accounting
  • ●Business related to license, registration and notification

Risk Management Department

(Business Related to Investment Corporation)

  • ●Business related to risk management

(Business Related to Asset Management Company)

  • ●Business related to corporate risk management

Management Policy

Our business activities originate in the trust placed in us by investors.

  1. 01 We will aim to be anasset management company that is highly trusted by investors.
  2. 02 We will continually providehigh-quality asset management servicesclosely in tune with investors' needs.
  3. 03We will strive to achieve asset management results that satisfy investors.
  4. 04We will maintain a high level of transparency in our asset management activitiesthrough timely and pertinent disclosures to investors.

Asset Management Policy

01 We will determine investment value by carrying out thorough due diligence on individual real estate properties, along with analysis and research into the real estate market. This will enable us to acquire and transfer high-quality real estate properties at the right price.

02 We will reduce the risk of rent revenues fluctuation through diversified investment and secure a stable return over the medium to long term.

03 We will formulate rental and management policies in detail for each real estate owned, increase rent revenues and pursue cost reduction.

04 We will strive to maintain the Investment Corporation's sound financial position, while obtaining funds in an agile and flexible manner.

05 We will fulfill our fiduciary responsibilities as an asset management company through a commitment to compliance.

Asset Management Process

Asset Management Process

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