OREANDA-NEWS. Aozora Bank, Ltd. announced that the Bank's wholly-owned subsidiary, Aozora Real Estate Investment Advisors Co., Ltd. ('AREIA'), has established the "Aozora Office Fund Ichi-go", the first fund for which AREIA will provide asset management services (investment advisory services). AREIA has also made an investment in real estate beneficiary rights through the newly established fund.

Ichi-go is a private placement real estate fund investing in real estate trust beneficiary rights, the trust property of which is a mid-sized rental of fice building located in Nagoya. Through Aozora Securities Co., Ltd., a wholly-owned subsidiary of Aozora, we were able to identify six qualified institutional investors to participate in the fund, including regional financial institutions such as banks, Shinkin banks, and credit unions.

As asset manager for the fund, AREIA intends to fully leverage the expertise acquired by the Aozora Bank Group through years of experience in real estate-related investments, in order to ensure the stable performance and enhancement of the fund.

AREIA is committed to responding to the diversified asset management needs of the Bank's regional financial institution customers through the establishment of private placement real estate funds such as Ichi-go. In keeping with Aozora's aim to become a 'Primary Secondary Bank: An Even More Reliable Partner', Aozora Real Estate Investment will be proactive in providing differentiated and specialized real estate-related financial services.