Features of NUD
1. Comprehensive Support from NTT UD, the only general real estate company within the NTT Group

- Abundant track record of development and pipelines for office buildings
- Operational capabilities in real estate rental business
- Credit backed by the comprehensive capabilities of the NTT Group
2. Compound Portfolio with Office Buildings and Residential Properties as Main Investment Targets

- Mitigates the impact of economic fluctuations by combining asset types that have low correlation to each other in terms of market rent fluctuations
- Diversifies the tenant base into different types such as corporations and individuals
3. Portfolio Focused in the Tokyo Economic Bloc
- Focused investment in Greater Tokyo, which enjoys an established economic base due to a high concentration of population and industry
- Diversify risks by combining investments in Major Regional Cities
| (Note 1) | The figures on above portfolio ratio are calculated as of October 31, 2025. |
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