Description of Asset Management Company

Name	Daiwa Real Estate Asset Management Co., Ltd.
Address	6-2-1 Ginza, Chuo-ku, Tokyo
Established	October 21, 2004
Representative Director	Yoshiki Nishigaki
Capitalization	200 million yen

History

Oct. 2004	Established K.K. daVinci Select
Jun. 2005	Obtained approval of management business of investment trust
Sep. 2007	Registered as a financial instruments business operator
Jul. 2009	Changed the parent company to Daiwa Securities Group Inc. Changed its name to Daiwa Real Estate Asset Management Company Co.Ltd.