Nippon Building Fund Incorporation : Notice Concerning Change of Name of Managed Assets

March 31, 2021

To All Concerned Parties

Name of REIT Issuer: Nippon Building Fund, Inc.

Koichi Nishiyama, Executive Director (TSE Code : 8951)

Contact:

Asset Management Company

Nippon Building Fund Management, Ltd. Yoshiyuki Tanabe, President and CEO Person to Contact:

Yasushi Yamashita, General Manager (TEL. [phone])

Notice Concerning Change of Name of Managed Assets

(NBF Hatchobori Terrace (Former Name :NBF Shinkawa West Building))

Nippon Building Fund, Inc. ("NBF") hereby provides notice that the name of certain managed asset will be changed as follows:

		Descriptions
1.	Name of Property to be Changed and Effective Date of Change
	New Name	Former Name	Effective Date
	NBF Hatchobori Terrace	NBF Shinkawa Bldg.	March 31, 2021
2.	Reason for Change

NBF Shinkawa Bldg. consists of three buildings (NBF Hatchobori Terrace, NBF Shinkawa East Building and Residential Tower).

NBF disposes NBF Shinkawa East Building and Residential Tower March 31, 2021, We continue to the hold NBF Hatchobori Terrace and we changed as the name.

End

This English language notice is a translation of the Japanese language notice dated March 31, 2021 and was prepared solely for the convenience of, and reference by, overseas investors. Neither NBF nor Nippon Building Fund Management Ltd. makes any warranties as to its accuracy or completeness.