Real Estate Development Division
Message from the COO
- Executive Officer, COO, Real Estate Development Division
- Ikuo Yoshida
The division and its operating companies are involved in a wide range of real estate businesses, with the condominium business in Japan, real estate investment business, and overseas real estate development business as core earnings drivers.
The real estate market was lackluster from fiscal 2008, ended March 31, 2009, due to sharp deterioration in the economic environment. The division, however, is determined even in this adverse industry climate to achieve sustainable growth by capitalizing on its comprehensive capabilities as a real estate expert, and maintaining the trust of its customers and partners.
Sources of Strength
•Ample experience in the condominium business
The division has supplied more than 73,000 residences since first entering the condominium business in the 1960s. Today, under the “Grand-Suite” brand, the division promotes business through an integrated system, together with operating companies, that encompasses everything from product planning and sales to post-sales management services.
•Capacity to develop office buildings, commercial facilities, and other diverse real estate investment projects
As a developer, the division has a track record in developing a wide array of real estate investment projects, including office buildings and commercial facilities. At the same time, the division is involved in asset management, property management, and other real estate-related services as part of its comprehensive development capabilities for meeting customer needs.
•Extensive development experience as a pioneer in China’s housing business
The division, in 1985, became the first Japanese real estate developer to take part in a rental housing project for foreign nationals in Shanghai, China. This milestone was followed by establishment of a joint venture with local partners, and marked the division’s full-scale entry into China’s housing business. To date, the division has developed roughly 4,000 residences, including detached dwellings and condominiums.
News & Topics
Nagoya Prime Central Project (Nagoya)
Office Development in Minato Mirai 21 Block 42
Lu Ming Garden Project (Shanghai, China)
