Expansion into overseas business through investment in a Hawaii real estate investment fund
First written in FY2019-Q1. 8 of 10 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025AdvancedAnnual report
「As its second project, the company also began participating in sales and marketing for the large-scale condominium project Kuilei Place. Through a subsidiary, it invested US$36.23 million in 2599 Kapiolani Owner, L.P., an SPC established as the fund for the project.」
In overseas business, following ALIA in Hawaii, the company began participating in sales and marketing for Kuilei Place and invested US$36.23 million. - FY2025-H1AdvancedAnnual report
「To pursue investments in overseas real estate funds, the company resolved at a Board of Directors meeting held on 22 December 2023 to establish ESCON USA Ⅴ LLC, and completed payment of capital of US$34.77 million on 16 July 2024.」
The company established ESCON USA Ⅴ LLC to invest in overseas real estate funds and completed payment of US$34.77 million on 16 July 2024, expanding the investment base for its overseas business. - FY2023-Q4AdvancedAnnual report
「In November of the same year, the company opened a sales gallery at its Tokyo headquarters to begin sales and marketing for the ALIA (Aria) luxury condominium project in Honolulu, Hawaii. It will also invest through a subsidiary in 888 ALIA LLC, an SPC established as the fund for the project.」
In overseas business, the company took concrete steps toward beginning sales and marketing for the Hawaii ALIA project by opening a sales gallery and investing in the project’s SPC. - FY2023-Q1AdvancedAnnual report
「In December 2022, the company invested in and participated in a detached housing development project in Thailand being undertaken by Britania Public Company Limited, a subsidiary of Thai real estate developer Origin Property Public Company Limited, marking the company’s first overseas detached housing development project. In January 2023, it established an Overseas Business Division within the Strategic Business Division and began full-scale overseas operations.」
In overseas business, following its investment in and participation in its first overseas detached housing development project in Thailand, the company established an Overseas Business Division in January 2023, building an organisational foundation for full-scale expansion. - FY2022-Q1AdvancedAnnual report
「In March 2022, the company invested in Agya Ventures Fund L.P., a fund managed by Agya Ventures Fund (GP) LLC in the United States that specialises in investments in real estate-related venture companies.」
In addition to its existing real estate investments in Hawaii and the United States, the company invested in a US fund targeting real estate technology companies, broadening the scope of its overseas business and innovation exploration. - FY2021-Q3AdvancedAnnual report
「In August 2021, through its subsidiary ESCON USA Ⅲ LLC, the company invested in and participated in the value enhancement business for Waikiki Galleria Tower, a mixed-use commercial and office complex in Honolulu, Hawaii, operated primarily by real estate investment advisory firm BlackSand Capital,LLC.」
Following its investment in a Hawaii real estate investment fund, the company invested in and participated in the value enhancement business for a mixed-use complex in Honolulu. In October, it also invested in a US real estate investment fund in Texas, further expanding the scope of its overseas business. - FY2020-Q1AdvancedAnnual report
「As a new overseas business, the company invested in a Hawaii real estate investment fund in March 2019, established its Thai subsidiary ESCON JAPAN (THAILAND) CO.,LTD. in July of the same year, and participated in a joint for-sale condominium development project in Bangkok. In March 2020, it also invested in a California real estate investment fund and continued steadily expanding its overseas business.」
Following Hawaii and Thailand, the company invested in a California real estate investment fund in March 2020, expanding the geographic scope of its overseas investments. - FY2019-Q3AdvancedAnnual report
「As a new overseas business, the company invested in a Hawaii real estate investment fund in March 2019. In July, it established its local subsidiary ESCON JAPAN (THAILAND) CO.,LTD. in Thailand and began expanding overseas, including by participating in a joint development project for for-sale condominiums.」
In addition to its investment in a Hawaii real estate investment fund, the company established a local subsidiary in Thailand and participated in a joint for-sale condominium development project, giving concrete form to its overseas expansion. - FY2019-Q2RestatedAnnual report
「The company also invested in a Hawaii real estate investment fund as a new business and began expanding overseas.」
The company’s continued expansion into overseas business through investment in a Hawaii real estate investment fund was disclosed again. - FY2019-Q1First statedAnnual report
「The company also invested in a Hawaii real estate investment fund as a new business and began expanding overseas.」
The company’s initial investment in a Hawaii real estate investment fund and the start of its overseas business were disclosed for the first time.