Japan Real Estate Investment : Announcement of Change of Asset Custody Company
December 9, 2021
For immediate publication
Investment company
Japan Real Estate Investment Corporation
Yutaka Yanagisawa, executive director
(TSE code: 8952)
Asset management company
Japan Real Estate Asset Management Co., Ltd.
Naoki Umeda, President & CEO
Contact: Masaru Motooka
Managing Director & Managing Director,
Planning department
Phone: + 81-3-3211-7951
Announcement of change of custodian bank
Japan Real Estate Investment Corporation (“JRE”) hereby announces that it has decided to change its asset management company to which JRE has entrusted the business of custody of assets pursuant to Section 208 of the Mutual Funds and Investment Companies Act today’s board meeting held as follows:
1. Information on the subject of the change
Transactions in connection with the safekeeping of JRE assets in accordance with Article 208 Paragraph (1) of the Act on Investment Funds and Investment Companies
2. Description of the change
Before the change: Sumitomo Mitsui Trust Bank, Limited
After change: Mitsubishi UFJ Trust and Banking Corporation
- Planned start date of the new custodian bank Planned start date: June 18, 2022
- reason for the change
JRE decided to change the asset management company, among other things under the aspect of operational efficiency and cost efficiency.
1