Nomura Real Estate Master Fund, Inc. (NMF) is a wholly owned subsidiary of the former Nomura Real Estate Master Fund Corporation (hereinafter referred to as the Former NMF) and Nomura Real Estate Office Fund Investment Corporation (hereinafter referred to as NOF) and Nomura Real Estate Residential Investment Corporation (hereinafter referred to as NRF) will be the dissolved corporations in the consolidation-type merger. The Investment Corporation was established through a consolidation-type merger (hereinafter referred to as the 3-REIT Merger). The Investment Corporation will allocate 1.6 investment units per 1 investment unit of NRF, and 3.6 investment units per 1 investment unit of NOF. Investment 4.45 investment units of the Investment Corporation were allocated for each 1 investment unit. Nomura Real Estate Master Fund, Inc. was established on October 01, 2015 and incorporated in 2015 in Japan.