Nomura Real Estate Development Acquires Office Building “Zen Plaza”

Nomura Real Estate Development Co., Ltd. (head office: Shinjuku-ku, Tokyo; President and
Representative Director: Seiichi Miyajima; hereinafter “Nomura”) hereby announces the
acquisition of 100% ownership interest in the office building “Zen Plaza” owned and managed
by Zen Plaza Co., Ltd. in Ho Chi Minh City, Vietnam. This will be Nomura’s second building
acquired in the office business in Ho Chi Minh City.

The building is an office building facing Nguyễn Trãi Street in District 1, Ho Chi Minh City, and
being located in the central part of Ho Chi Minh City where there are many Vietnamese fashion
boutiques, the surrounding area is often crowded with shoppers and business workers.

Previously to Zen Plaza, Nomura has acquired ownership interest in Sun Wah Tower,
^(*1) a multi let office, and has participated in the condominium project Phú Mỹ Hưng Midtown Project^(*2)
. In June 2019, Nomura established an overseas subsidiary, NOMURA REAL ESTATE VIETNAM CO.,
LTD., ^(*3) and it eyes further business development in Ho Chi Minh City as considerable growth is
expected to continue in the future.

The Nomura Real Estate Group has positioned its overseas business as a growth field in its new Midto Long-term Business Plan (effective until FY March 2028), and it plans to invest approximately 300
billion yen in its overseas business by FY March 2028. Moreover, it has a policy to expand the
overseas business toward a profit ratio of 15-20% among all profit by the end of FY March 2028.
Nomura will continue to proactively develop its overseas business by expanding operations in
countries to where it has already advanced such as Thailand, Vietnam, the Philippines, China, and
the United Kingdom, and by exploring business developments in new countries.

1. Project Outline

This building faces Nguyễn Trãi Street in District 1, Ho Chi Minh City, and this area is popular for
office workers because the main business district is easily accessible and because there are
many Vietnamese fashion boutiques in the area.

Approximately 90% of the companies that occupy the building are foreign companies, and of
the 90%, approximately 70% are Japanese companies. The building has been preferred by
Japanese corporations for quite some time now. Utilizing the office building operation
management knowledge that Nomura has cultivated in Japan, we will continue to roll out a
reliable, secure, and comfortable office building business.

2: Outline of Property

Location	District 1, Ho Chi Minh City, Vietnam
Site area	Approx. 1,400 m2
Total floor area	Approx. 17,000 m2
Net leasable area	Approx. 11,700 m2
Number of floors	14 floors above ground, 2 below
Ownership ratio	100%
Completion	1999
Main contractor	Shimizu Corporation

3. Locality Map

4. Proactive expansion of overseas business

The Nomura Real Estate Group has positioned its overseas business as a growth field in its new
Mid- to Long-term Business Plan (effective until March 2028) announced in April 2019. Thus far,
the Group has participated in various development projects and has conducted investment in
office buildings in Ho Chi Minh City, Vietnam; Bangkok, Thailand; Shenyang, China; and Manila,
Philippines, among other locations.

Moreover, in June 2019, Nomura established NOMURA REAL ESTATE VIETNAM CO., LTD., its
fifth local office in an Asian country following those in Beijing, Hong Kong, Singapore, and
Thailand. The Group looks to achieve “New Value, Real Value” in Asian nations that are expected
to see continuing growth by utilizing its store of know-how cultivated through its housing and
office businesses in Japan.

■ List of Main Projects and Development Schedule (planned)