Mori Building Co., Ltd. (Minato Ward, Tokyo; President Minoru Mori) at the board of directors meeting held on February 22, 2011, resolved to conduct an asset transfer as detailed below.

[Transfer Summary]
Asset to be transferred Real estate (*2)
Property name Hirakawacho Mori Tower
Transfer price (*1) 18,200,000,000 yen
Scheduled sales agreement conclusion date February 24, 2011
Scheduled transfer date March 1, 2011
Purchasing party Global One Real Estate Investment Corp.

*1: The amount shown is minus total expenses, fixed asset tax, urban planning tax, consumption tax, etc.
*2: This transfer involves the assignment of the trust beneficiary rights associated with the classification ownership for the Hirakawacho Mori Tower office 6 floors and the retail zone (total exclusive floor space approx. 26%).

[Purpose of Transfer]
This transfer is part of the financial strategy for promoting the Company's urban development business and will contribute to strengthening the Company's financial position.

[Reference] Summary of Transfer Property
Property name : Hirakawacho Mori Tower
Address : 2-16-1 Hirakawacho, Chiyoda-ku, Tokyo
Number of floors : 24 above ground, 2 below ground
Site area : 5,592.19 m2 (registered area)
Floor space : 51,094.82 m2 (registered area)