Redevelopment through acquisition, rights adjustment and rebuilding of undervalued land

「As competition for land in established urban areas becomes increasingly intense amid continued increases in land prices, the Group will identify development sites where it can more readily establish a competitive advantage, including projects requiring inheritance or rights adjustment, proposals for M&A to acquire real estate from companies with business succession issues, and projects requiring ingenuity to obtain development approval.」

「The Group will promote the acquisition of development land where competition is limited, including cases requiring adjustment of rights due to inheritance, proposals for real estate acquisition through M&A to companies facing business succession issues, and housing development in urbanization control areas where development approval is difficult.」

「The Group will pursue a redevelopment business that acquires as inexpensively as possible land that is undervalued for various reasons or whose current use is limited, then restores and enhances its value through additional purchases of adjacent land, adjustment of rights or rebuilding of existing structures.」