Prix Nippon Accommodations Fund Inc. (NIPPF)

Mitsui Fudosan Accommodations Fund, Inc. engages in the provision of real estate investment activities. The company is headquartered in Chuo-Ku, Tokyo-To. The company went IPO on 2006-08-04. The company aims to achieve sustainable growth in asset and stable earnings from mid- to long-term perspectives. The Fund mainly invests in hospitality facilities, collectively known as dormitories, corporate housing, service apartments, senior housing, and lodging facilities. The investment area for rental housing is the Tokyo metropolitan area, primarily Tokyo's 23 wards, and regional core designated metropolitan areas, while the investment area for hospitality facilities is major cities nationwide and their surrounding areas. The Fund is a closed-end investment corporation that does not allow for refunds upon request by investors. The Fund’s properties include the Okawabata Rental Building, Park Axis Gakugei University, Dormy Kyoto Nijo, and others. Mitsui Fudosan Accommodations Fund Management Co., Ltd. is the asset manager of the Fund.