Real Estate Redevelopment / Reconstruction

Creating the future through area redevelopment

In the wake of a full-fledged decline in population, our society is now shifting to stock-based, where "things are made in good quality, maintained well, and used for a long time".
At the same time, in the Tokyo Metropolitan Area, where an outbreak of an epicentral earthquake could take place any time soon, the current situation is that there is a mix of buildings with a certain level of seismic capacity and those without, depending on the time of construction and the post-construction maintenance.
Furthermore, there are still many areas dense with closely clustered wooden houses that are expected to become epicenters of major fires at times of earthquake outbreaks. Many other cases also remain where issues, such as the lack of legal compliance, the uses for non-conforming purposes, and the non-optimal uses, cannot be solved unless through the demolish-and-rebuild approach to the property.

As a real estate developer, we must tackle these social issues.
And, in today's rapidly changing world, we cannot cater to the needs of society and continuously enhance the value of the area by simply using the existing buildings as they are.
In other words, a string of renovations of an existing area by plans with concepts maintains its magnetism. We believe that by increasing the value of the surrounding area beyond the property in question through redevelopment, we can "create the future through area redevelopment".
By taking full advantage of both redevelopment and property revitalization methods, we work to improve the value of target properties and surrounding communities.

Finding solutions to real estate issues to navigate it towards the future meant to be

Older buildings expecting major events, such as reconstruction and redevelopment in the not-so-distant future, will face many challenges along the way, when the building has multiple owners or stakeholders involved.
We possess such buildings over medium-to-long terms and actively work on projects to navigate the property towards the future meant to be.
During the possession period, we will first secure the durability and safety of the building to a certain level, conduct tenant leasing that conforms to appropriate purposes, and work on the constriction of running costs.
Doing so to maintain and improve performances as a profitable property and secure stable mid-to-long-term earnings allows us to take time to work on challenging tasks such as consensus-building between owners and facilitating stakes.
While looking at the current situation and future outlook of target buildings, we seek harmony with the stakeholders. While it is a challenging business that requires a broad scope of perspectives and an advanced level of balance, we utilize our utmost, long-earned experiences to navigate difficulties to solutions and contribute to the further growth of the community.

Designing life, designing the community

Our redevelopment business includes the redevelopment of rental apartments, which not only propose forms of life but also pay attention to the environment and generate boisterousness in the area.
The COVID-19 pandemic has brought various concepts of values regarding lifestyles.
"Nifit", our urban rental apartment brand, proposes lifestyles tailored to the tenants by offering spaces present to their unique needs.