March 1997

Commences real estate securitization investments as the Real Estate Department of Tokio Marine & Fire Insurance

July 2001

Real Estate Department of Tokio Marine reorganized into the New Financial Markets Department and Financial Services Department

February 2003

Millea Real-Estate-Risk Management, Inc. (presently, Tokio Marine Property Investment Management, Inc.) established through the spin-off of the new financial markets department real estate investment group (headquarters: 5-6-10 Tsukiji, Chuo Ward)

April 2003

Millea-Real-Estate-Risk Management commences operations

April 2003

Obtains building lots and buildings transaction business license (Tokyo Governor (2) No. 81855)

January 2005

Moves headquarters to Higashi-Shimbashi, Minato Ward

January 2005

Registers as investment advisory firm

March 2005

Registers as moneylender (Tokyo Governor (3) No. 29207)

July 2005

Registers as seller of beneficiary interests in trust

September 2007

Registers as financial instrument business operator (Chief, Kanto Local Finance Bureau (financial instruments) No. 1096) (Type II, agency business and investment advisory)

January 2008

Registers as comprehensive real estate investment advisor (Sogo No. 49)

March 2008

Appoints Takashi Uematsu as Chief Exective Officer

June 2008

Registers as financial instruments business operator (investment management)

July 2008

Changes name to Tokio Marine Property Investment Management, Inc. (Tokio Marine PIM)

March 2011

Appoints Masashi Hirano as President & Chief Executive Officer