Residential-focused real estate fund business
First written in FY2020. 1 of 4 entries say "Restated". Latest entry: FY2025.
Open House Group moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Softened".
- FY2025SoftenedAnnual report
「We established an investment corporation in the fiscal year ended September 2022 and are managing it with a certain level of assets.」
While indicating the continuation of the private REIT business, the disclosure no longer specified the previously disclosed assets-under-management scale of approximately ¥24.7 billion or the conversion into a listed REIT, reducing its level of specificity. - FY2023AdvancedAnnual report
「We established an investment corporation in the previous consolidated fiscal year and, as of the end of the current consolidated fiscal year, were managing assets of approximately ¥24.7 billion. Going forward, we will further pursue these initiatives with a view to growing it into a listed REIT over the medium term.」
The residential-focused private REIT business progressed to the establishment of an investment corporation and an assets-under-management scale of approximately ¥24.7 billion, with the possibility of conversion into a listed REIT over the medium term also under consideration. - FY2021RestatedAnnual report
「We will pursue these initiatives to realize this business at an early date and benefit from synergies arising from our capital and business alliance with Pressance.」
We continue discussions and initiatives aimed at the early realization of a real estate fund business focused primarily on residential properties. - FY2020First statedAnnual report
「We are discussing the launch of a business to supply investment properties, including rental apartments and lodging facilities, to an asset management company funded by both parties, including private funds and REITs, making use of the development and supply capabilities of our group and Pressance Corporation in investment real estate. We will pursue these initiatives to realize the business at an early date and benefit from synergies arising from our capital and business alliance with Pressance Corporation.」
We are discussing a new business to supply rental apartments, lodging facilities and other properties to private funds and REITs through an asset management company jointly funded with Pressance Corporation.