“Real estate is finished,” HULIC chairman says, pointing toward a conglomerate that can overcome population decline

HULIC Chairman Nishiura Saburo (西浦三郎) said he expects conditions in the real estate business to become increasingly challenging, and outlined plans to weather the population decline expected over the next 10 to 20 years by transforming the company into a conglomerate.

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The story

HULIC Chairman Nishiura Saburo (西浦三郎) expressed the view that the real estate business may no longer be viable. His focus is not on current market conditions but on long-term changes in demand as society’s population continues to decline.

To respond to long-term structural changes in society, the company said that the long development cycle makes it necessary to anticipate changes in demand and act accordingly.

The company outlined plans to build a conglomerate extending beyond its real estate business in order to overcome population decline.

At a glance

Companyヒューリック

StatementExpressed the view that the real estate business may no longer be viable

PolicyAim to build a conglomerate capable of overcoming population decline

PersonChairman Nishiura Saburo (西浦三郎)

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