Entry into the office development business
First written in FY2019-Q3. 4 of 5 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2023-Q3.
No other company in this theme has enough history to compare yet.
- FY2023-Q3AdvancedAnnual report
「ESCON Kudan-kita Building, the Company's first office building developed in the Tokyo metropolitan area, was completed in November 2022. It embodies a new form of office building centered on an experiential office that makes maximum use of the views and offers an experience possible only at this location. It received a 2023 Good Design Award.」
The first office building in the Tokyo metropolitan area was completed and received a 2023 Good Design Award. Office development progressed from the land acquisition and planning stage to completion and external recognition. - FY2023-Q1AdvancedAnnual report
「In addition, in November 2022, the Company's first office building in the Tokyo metropolitan area, ESCON Kudan-kita Building, was completed.」
In office development, the Company's first office building in the Tokyo metropolitan area, ESCON Kudan-kita Building, was completed, marking progress from land acquisition and planning to completion. - FY2022-Q1AdvancedAnnual report
「In addition, in August 2021, the Company acquired a development site near JR Shimbashi Station in Minato-ku, Tokyo, for the Ripro Shimbashi Project (tentative name), with a view to medium- to long-term leasing and development. More recently, it began a mixed-use development of the new condominium project Le Jade Cross Chiyoda Jimbocho in Chiyoda-ku, Tokyo, with a fixed-term land leasehold, comprising 50 units, and an office building on land adjacent to Tohogakkai Hall, a historic building designated as an important property under Chiyoda City's landscape and community development program. The Company also acquired a development site in Nishiazabu 2-chome, Minato-ku, Tokyo, for the Minato-ku Nishiazabu 2-chome Project (tentative name), and is pursuing a condominium development project, part of which will have ordinary land leaseholds. It is undertaking a range of businesses in scarce locations in central Tokyo.」
Development combining leasing, offices and condominiums has taken concrete shape in scarce central Tokyo locations in Shimbashi, Jimbocho in Chiyoda-ku and Nishiazabu. - FY2021-Q3AdvancedAnnual report
「The Company is expanding and diversifying its operating areas, including through the acquisition, with a view to medium- to long-term leasing and development, of its first logistics facility site in the Tokyo metropolitan area, Chiba Research Park (Wakaba-ku, Chiba), and a development site near JR Shimbashi Station in Minato-ku, Tokyo, for the Ripro Shimbashi Project (tentative name).」
Following the reference to the acquisition of land for office development, the Company acquired a development site near JR Shimbashi Station for medium- to long-term leasing and development, making the target uses and locations more specific. - FY2019-Q3First statedAnnual report
「In our office development business, including the acquisition of development land in Chiyoda-ku, Tokyo, we are steadily diversifying our business through initiatives in new fields with a view to the next generation and through globalization.」
Office development was identified as a new business area, and the acquisition of development land in Chiyoda-ku, Tokyo, was reported for the first time.