Inside KJRM

Nov. 2000   MC Asset Management Co., Ltd. established

Dec. 2000   Company name changed to Mitsubishi Corporation-UBS Realty Inc. (MCUBSR)

Jan. 2001 Head office moved to Izumikan Kioicho Building

Sep. 2001 Japan Retail Fund Investment Corporation (JRF) established

Mar. 2002 Japan Retail Fund Investment Corporation (JRF) becomes the third Japanese REIT to be listed on the Tokyo Stock Exchange as the first REIT specializing in Retail facilities.

Mar. 2003 One year after listing, first domestic public offering and first overseas offering of new investment units

Sep. 2004 Obtained ratings from Moody's, S&P, and R&I

Dec. 2004 Submitted shelf registration statement for investment corporation bonds

Feb. 2005 Publicly offered investment corporation bonds issued

Nov. 2005 Head office moved to Tokyo Building

Mar. 2006 Acquired Higashi-Totsuka Aurora City, the largest existing property (50.5 billion yen)

Mar. 2007 Industrial Industrial & Infrastructure Fund Investment Corporation (IIF) established

Oct. 2007 Industrial & Infrastructure Fund Investment Corporation (IIF) is listed on the Tokyo Stock Exchange as Japan's only REIT specializing in industrial real estate facilities.

Oct. 2007 Re-acquired the flagship urban property "GYLE (formerly ESQUISSE Omotesando)" through reconstruction.

In 2004, the company acquired "Esquisse Omotesando." The building was then sold to a third party to promote redevelopment. Three years later, it was rebuilt and reacquired as "GYRE."

Nov. 2007 Opened a branch office in the Shin-Marunouchi Building

Dec. 2007 Issued short-term investment corporation bonds (CP)

Feb. 2008 Acquired flagship infrastructure facility "IIF Haneda Airport Maintenance Center"

This hangar is used by Japan Airlines Co., Ltd. for storing and maintaining aircraft. It was the first J-REIT to handle a property on a government-owned airport. It was acquired for 41.1 billion yen, more than half of the IPO size of approximately 66 billion yen at the time. It is the most expensive property owned by IIF.

Feb. 2009 Issuance of unsecured investment corporation bonds (subordinated bonds)

Mar. 2010 Merger with LaSalle Japan REIT Inc. completed

Mar 2010 American Depositary Receipt (ADR) Program Level-1 established

Mar 2010 IIF acquires "IIF Totsuka Technology Center (Land)" as its first research and development facility and CRE property

Seb. 2010 Branch offices were integrated due to floor expansion in the Tokyo Building

Oct. 2011 Re-acquired flagship property "mozo Wonder City (formerly Wonder City)" in Nagoya through reconstruction

In 2005, the company acquired "Wonder City." It was then transferred to the sponsor company at the time to proceed with redevelopment. It was redeveloped and opened as "mozo Wonder City" in 2009. It was reacquired in four installments from 2011 to 2015.

Oct. 2012 Obtained DBJ Green Building Certification for two properties

Feb. 2013 Acquired "IIF Kobe Logistics Center (Land)" as IIF's first PRE property

Jun. 2013 Signed the "Principles for Financial Action for the 21st Century"

Aug. 2013 Signed the Principles for Responsible Investment (PRI)

Seb. 2013 Obtained the highest "Green Star" rating from GRESB and was recognized as a "Sector Leader" in the Asian industrial real estate sector.

Nov. 2013 Received the Porter Prize

May 2014 Completed acquisition of "IIF Kawasaki Science Center," IIF's first research and development facility utilizing a development scheme

By utilizing a development scheme, we avoid development risks and increase unrealized gains. Representative property of an environmentally friendly facility

Nov. 2014 Obtained DBJ Green Building Certification for four properties

Nov. 2014 BELS certification obtained for one property

Mar. 2015 Obtained CASBEE Real Estate Assessment Certification for four properties

Apr. 2015 Acquired 65% of shares in MID REIT Management Co., Ltd.

Became the first asset management company to invest in the asset management company of "MID REIT Investment Corporation." The asset management company and investment corporation name was changed to "MCUBS MidCity," expanding the scope of investment.

Sep. 2015 Opened Kansai branch office in Herbis ENT Office Tower

Sep. 2015 Signed the Montreal Carbon Pledge

Feb. 2016 Established MCUBS Japan Advisors Co., Ltd.

Apr. 2016 IIF acquires "IIF Kakegawa Manufacturing Center (land)" as its first factory project.

Oct. 2016 Signed the UNEP FI and the United Nations Global Compact

We received an inquiry from UNEP FI (United Nations Environment Programme Finance Initiative) about joining the Real Estate Working Group (PWG), becoming the third Japanese company to join.

Nov. 2016 First participation in the CDP Climate Change Program

Jun. 2017 Included in the MSCI Japan ESG Select Leaders Index

May. 2018 Green bond issued

Dec. 2018 Received the Green Bond Award at the 4th Sustainable Finance Awards

Feb. 2019 Implementation of positive impact investment (acquisition of equity stake in OTA Techno CORE)

The first J-REIT investment project in line with the SDGs and the Principles for Positive Impact Finance

Apr. 2019 Acquired all outstanding shares of MCUBS MidCity Co., Ltd.

Jul. 2019 MCUBS MidCity Co., Ltd. was integrated

Aug. 2019 Support for the Task Force on Climate-related Financial Disclosures (TCFD)

Sep. 2019 Awarded APREA "Innovative Company of the Year"

The company was recognized for its outstanding innovation in the APREA's 2019 Awards for Excellence, which recognizes real estate companies in the Asia-Pacific Rim region.

May 2020 Joined the Japan Climate Initiative (JCI)

Mar. 2021 Japan Retail Fund Investment Corporation (JRF) and MCUBS MidCity Investment Corporation merge to form Japan Metropolitan Fund Investment Corporation (JMF)

Jun. 2021 CO2 emissions reduction target set

Sep. 2021 Social Bond issued

Mar. 2022 JMF's first positive impact real estate investment acquisition (Karuizawa Commongrounds (Land))

Apr. 2022 The asset management company's parent company changed and it became a part of the KKR Group. The company name was changed to KJR Management

Sep. 2022 Conducted scenario analysis (qualitative analysis) based on TCFD recommendations

Oct. 2022 Conducted scenario analysis (qualitative analysis) based on the TCFD recommendations

Dec. 2022 KJR Management Human Rights Policy established

Dec. 2022 First participation in the CDP Climate Change Program

Mar. 2023 Science Based Targets (SBT) acquired

Apr. 2023 Acquired IIF Shonan Health Innovation Park operating company

Jun. 2023 Science Based Targets (SBT) acquired

Oct. 2023 Joined the Japan Business Initiative for Biodiversity (JBIB)

Feb. 2024 Received the highest level score of "A" in the CDP Climate Change Program

Feb. 2024 In collaboration with KKR, we executed a sale and leaseback transaction totaling over 210 billion yen

A lump-sum investment in Logisteed 's core Logistics across the country

Apr. 2024 Awarded "J-REIT Deal of the Year" in the equity category of the 2023 DEALWATCH AWARDS

May 2024 IIF Shonan Health Innovation Park receives BREEAM In-Use Certification

Jun. 2024 KJRM's first investor day was held

Sep. 2024 Realization of the second example of "Positive Impact Real Estate Investment"

G-Bldg. Minami-Ikebukuro 01's large-scale renovation, allowing for continued use of the building's structure, was highly praised.

Feb. 2025 Holding company 76KK changed its name to KJRM Holdings

Established as an asset management company's successor company through an absorption-type split

Jul. 2025 KJRM's new Mission and Values were formulated

October 2025: Started operations as KJRM Private Solutions

Transferred private fund management business to KJR Management as the successor company to the absorption-type company.