Nomura Real Estate Master Fund, Inc.

Nomura Real Estate Master Fund, Inc. (NMF) was established on October 1, 2015 in Japan through a consolidation-type merger of three REITs: the former Nomura Real Estate Master Fund Corporation, Nomura Real Estate Office Fund Investment Corporation (NOF), and Nomura Real Estate Residential Investment Corporation (NRF). In the merger, NMF allocated 1.6 investment units for each NRF unit and 3.6 investment units for each NOF unit. NMF is a wholly owned subsidiary of the former Nomura Real Estate Master Fund Corporation.