Overview
| Investment Corporation Name | New City Residence Investment Corporation |
|---|---|
| Address | 3-2-31, Roppongi, Minato-ku, Tokyo |
| Inquiries | CBRE Residential Management K.K. |
REIT Structure
Name, Role, and Business Activity Overview of the Investment Corporation and Related Parties
| New City Residence Investment Corporation [Investment Corporation] |
|---|
| Pursuant to its Articles of Incorporation, the Investment Corporation shall invest the funds procured from investors through public offerings of investment units, etc., to secure consistent growth and stable revenues from a medium to long-term perspective. |
| CBRE Residential Management K.K. [Asset Management Company] |
| The Asset Management Company entered into an asset management agreement, on September 27, 2004, and provided the asset management services for the Investment Corporation as an asset management company licensed under the Investment Trust and Investment Corporation Law of Japan, pursuant to this agreement, the Articles of Incorporation of the Investment Company, and its own internal rules, as well as Management Guidelines. The services provided by the Asset Management Company include the following: (1) matters relating to the management of investment assets, (2) matters relating to the procurement of funds by the Investment Corporation, (3) submitting reports to the Investment Corporation on matters relating to the investment assets, (4) establishing asset management plans, and (5) matters relating to items (1) through (4) that will be requested by the Investment Corporation from time to time. |
| Mizuho Trust & Banking Co., Ltd. [Administrative Agent / Asset Custodian] |
|
Mizuho Trust & Banking Co., Ltd. executed an Administrative Agency Agreement and an Asset Custodian Agreement with the Investment Corporation on September 27, 2004. Pursuant to the Administrative Agency Agreement, the Administrative Agent, as defined under Articles 117.3 through 117.6 of the Investment Trust and Investment Corporation Law of Japan, undertakes the following duties on behalf of the Investment Corporation: (1) administration in connection with the issue of investment units, (2) certain administrative duties, (3) administration of accounting matters, (4) preparation of accounting records and financial statements, and (5) administration of tax payments. In addition, pursuant to the Asset Custodian Agreement, the Asset Custodian, as defined under the Investment Trust and Investment Corporation Law of Japan, provides services including custody of the Investment Corporation's assets and related matters such as administration of cash. |
| The Chuo Mitsui Trust and Banking Company, Limited [Transfer Agent] |
| The Chuo Mitsui Trust and Banking Company, Limited executed a Transfer Agency Services Agreement with the Investment Corporation on November 27, 2009. Pursuant to the Transfer Agency Services Agreement, as the general administrative affairs manager as defined under Articles 117.2 and 117.3 of the Investment Trust and Investment Corporation Law of Japan, The Chuo Mitsui Trust and Banking Company, Limited conducts such duties as: (1) preparation, management and keeping of the register of unitholders and other necessary books and documents, etc., (2) making of entries or recording on the register of unitholders (the “transfer of investment units”), and registration or deletion of pledges, (3) handling of non-possession of investment securities, (4) delivery of investment securities, and (5) sending of notices of convocation and notices of resolution of a general meeting of unitholders, as well as other incidental reference documents, etc., and the preparation of voting forms (or proxy forms) (6) calculation and procedures for the payment of cash distributions (the “distributions”), etc. |
