Fees and charges

In transactions with CRE, clients may be required to pay a predetermined commission fee, compensation and miscellaneous expenses (hereafter, “commission and other fees”). The amount and method used to calculate commission and other fees will be determined between CRE and the client on each transaction, based on the specific product and type of contract.

Investment Risks

The financial products handled by the Company (including real estate trust beneficiary rights and anonymous partnership investment interests) may decrease in value due to (i) risk factors such as trends in the sales and rental markets for real estate that constitutes the ultimate investment assets, fluctuations in occupancy rates, interest rate levels, and natural disasters, (ii) the credit status of the anonymous partnership operator, trustee, and other related parties, (iii) liquidity risk arising from the absence of an established market, and (iv) external factors such as changes in the tax system and amendments or abolition of laws and regulations. Such declines in value may result in losses to clients. The financial products handled by the Company do not provide any guarantee of principal or yield. Accordingly, clients bear the risk that their investment may fall below the principal invested, and—depending on the product structure—the risk of losses exceeding the principal. Before entering into any actual transaction, please be sure to thoroughly read the pre-contract documents and fully understand the risks associated with the financial products, and enter into agreements based on your own judgment and responsibility.

CRE, Inc.

Type II Financial Instruments Business: Director-General of the Kanto Local Finance Bureau (Kinsho) No. 2614