Contributing to creation of appealing towns and offering enriched lifestyles
Focusing on building attractive towns and cities along railway lines, the Real Estate Business has shared its growth with the Urban Transportation Business. We develop, lease and administer commercial facilities and office buildings that create vibrant communities. We also provide quality residences that match each person’s lifestyle. Further, we are engaged in real estate fund management, which combines the fields of real estate and finance. As the inheritors of urban development DNA, we are turning future designs into reality.
Promoting Diverse Development Projects That Create Vibrant Communities
In Osaka-Umeda, we have made steady progress in the Umeda 1-1 Project (Building name: Osaka Umeda Twin Towers South) towards the completion of the entire building in 2022. We are also promoting the Umekita Phase II Development Project (tentative name) with a view to prior partial opening (private housing lots and an urban park) around the summer of 2024, and the opening of the entire Umekita Phase II Development Project area in FY2028. Moreover, in the area to the southeast of Hankyu Nishinomiya-kitaguchi Station, we are implementing the Hankyu Nishinomiya Gardens Western-site Development Project (tentative name) with a view to opening in September 2023. Furthermore, we are also carrying out various development projects mainly in five wards in downtown Tokyo.
Owning and Managing Numerous Commercial Facilities and Office Buildings and Helping to Develop Appealing Towns
We have many commercial facilities and office buildings, primarily in Osaka-Umeda and areas served by the Hankyu and Hanshin lines, including the Umeda Hankyu Building, GRAND FRONT OSAKA, HERBIS OSAKA/HERBIS ENT, and Hankyu Nishinomiya Gardens.
We own a total of over 2 million square metres of leasing property*.
We are taking steps to heighten our competitiveness and utilisation rates through the provision of various services, including the Hankyu Hashin Odekake Card service which can be used in the Group’s main shopping centres.
* As of March 2021
Offering Homes That Realise Customers’ Dreams Mainly through Sales under the Geo Brand
Geo brand condominiums are designed with quality from the customer’s point of view, and with the hope that people will grow increasingly attracted to them over the years. We have also launched a new detached house brand, ‘Geo Garden’. By aggressively developing these businesses, we are able to offer “dreams come true” homes for customers.
Making Forays into Countries in the ASEAN Region
Leveraging our track record in Japan, we are participating in projects to sell approximately 30,000 houses* in five countries: Thailand, Vietnam, the Philippines, Indonesia, and Malaysia. Through these projects, we aim to continue to expand our real estate sales business overseas.
In Indonesia, we have entered the overseas real estate leasing business on a full-scale basis. By investing in an Indonesian entity that owns the ‘Plaza Indonesia Complex’, the country’s leading complex comprising a commercial facility, business offices, and a hotel, and ‘fX Sudirman’, which is a commercial complex housing a theatre, a movie theatre, and more, we are actively involved in business operations.
* As of July 2021