NOMURA REAL ESTATE MASTER FUND, INC.

TSE code :3462

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Credit Ratings

As of October 11, 2017

Rating Company Rating Target Rating Outlook
Japan Credit Rating Agency, Ltd.(JCR) Long-term issuer rating AA Stable
Rating and Investment Information, Inc.(R&I) Issuer Rating A+ Stable
S&P Global Ratings Japan Inc.(S&P) Long-Term Corporate Rating
Short-Term Corporate Rating
A
A-1
Stable
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