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
Directors and Auditors	Chairman of the Board 　 　　　　　　　　　　　　 　　 Tomonori Tsuji President and Representative Director　　　　　　　　　Yoshiki Nishigaki Vice President and Representative Director　　　　　　　Yuji Shinotsuka Vice President and Representative Director　　　　　　　Yukiko Takeuchi Director　　　　　　　　　　　　　　　　　　　　　　　Hajime Imbe Director (non-executive)　 　　　　　　　　　　　　　　 Satoru Shibasaki Audit & Supervisory Board Member　　　　　　 　　　　 Yutaka Nishio Audit & Supervisory Board Menmer 　　　　　　 　　　　Motoi Sato Audit & Supervisory Board Member (non-executive)　　　Takuya Numata
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.

Organization of Asset Management Company