Real Estate Investment Forum TOKYO

ABOUT THE FORUM

Message from Chairman

We are pleased to announce the holding of “ARES Real Estate Investment Forum TOKYO” in September 2008,which will be co-hosted by REESA (Real Estate Equity Securitization Alliance). In this Forum, participants from all over the world such as institutional investors and asset managers will be able to learn the latest trends and advantages of the Japanese real estate investment market.

Considering the rapid increase of cross-border real estate investment, it is essential for Japanese real estate investment market to improve the market environment to achieve competitiveness and promote the inflow of foreign funds.

The Japanese real estate investment market has actually been expanding steadily as the real estate securitization becomes widespread, while diversifying its investment into various property types other than office such as apartment and condominium, hotel, retail, warehouse, and industrial. The transparency of the market has also been increased through the efforts including the enforcement of “Financial Instruments and Exchange Law” and the publication of “J-REIT Property Index” by ARES.

We believe the Japanese real estate investment market has many advantages not only for overseas pension funds that have already expanded their investments into real estate as an asset class, but also for Japanese pension funds as the alternative investments.

We look forward to welcoming you to the Forum that will be a wonderful opportunity for all participants to appreciate the growth and future potential of the Japanese market and get useful information for investing into Japanese and other Asian properties.

Hiromichi Iwasa
Chairman,
The Association for Real Estate Securitization

Organizing Committee Members

Chairman	Hiromichi Iwasa	President and CEO, Mitsui Fudosan Co., Ltd.
Vice chairman	Atsushi Takahashi	Executive Chairman, Sumitomo Trust & Banking Co.,Ltd.
Vice chairman	Masatake Ueki	Chairman of the Board, Tokyu Land Corporation
Vice chairman	Nobuyuki Koga	Chairman, Nomura Securities Co., Ltd.
Vice chairman	Keiji Kimura	PRESIDENT & CHIEF EXECUTIVE OFFICER, Mitsubishi Estate Co., Ltd.
Vice chairman	Katsunori Nagayasu	President, The Bank of Tokyo-Mitsubishi UFJ,Ltd.
	Yukio Yanase	Director, Representative Executive Officer, President　and COO, ORIX Corporation
	Kazuhiko Arahata	CEO and President, Japan Real Estate Asset Management Co.,Ltd.
	Junji Takashima	Chairman, Sumitomo Realty & Development Co., Ltd.
	Kazuo Tanabe	President, The Chuo Mitsui Trust and Banking Company, Limited
	Keisuke Minami	CHAIRMAN, DIRECTOR, Tokyo Tatemono Co., Ltd.
	Hideo Abe	Director, Nikko Citigroup Limited
	Koichi Nishiyama	President and CEO, Nippon Building Fund Management Ltd.
	Hirohisa Suzuki	President, Nomura Real Estate Development Co., Ltd.
	Keisuke Yokoo	President, Mizuho Securities Co., Ltd.
	Masayuki Oku	President, Sumitomo Mitsui Banking Corporation
	Mitsuyoshi Nakamura	President, Kajima Corporation
	Shin Yoshidome	President, Daiwa Securities SMBC Co.Ltd.
	Yorihiko Kojima	President and CEO, Mitsubishi Corporation

Co-host

Real Estate Equity Securitization Alliance (REESA)

＜REESA Members＞
Asian Public Real Estate Association (APREA)
The Association for Real Estate Securitization (ARES)
British Property Federation (BPF)
European Public Real Estate Association (EPRA)
National Association of Real Estate Investment Trusts (NAREIT)
Property Council of Australia (PCA)
Real Property Association of Canada (REALpac)

Supporters

Financial Services Agency

Ministry of Land, Infrastructure, Transport and Tourism

*This Forum is for invited participants from ARES and ARES Members.