Making the real estate business
into a core growth strategy for the Seibu Group
Through "urban development," we will add value to real estate from various
perspectives and create business opportunities for the entire Seibu Group.
The real estate business will play a central role as each business works together organically in central Tokyo, areas along the Seibu Line, and resort areas. In this way, we will unlock the latent value of the Seibu Group's abundant portfolio of prime assets, enhance value, and achieve sustainable business growth, while also providing irreplaceable spaces and moments to customers through the various businesses of the Seibu Group.
Assets of the Seibu Group
Mission
To provide high-quality services that integrate PM/CM in a one-stop service
Based on our track record of management of properties such as Tokyo Garden Terrace Kioicho and Karuizawa Prince Shopping Plaza, we will provide high-quality services that integrate PM/CM in a one-stop service.
Alongside our capital recycling business, we will also accept PM contracts for properties with owners outside the Group, engage in the value-add business promoted by SEIBU REAL ESTATE, and implement M&A handled by the real estate management company. In this way, we will seek to increase fee income from enterprises both within and outside the Group and gain more properties operated under management contract from the Group, and thus contribute to the growth of the Group.
Real Estate Structure
As part of efforts to develop a structure for achieving a capital recycling business, we will cooperate with real estate companies in the Seibu Group and make use of synergies, and thus contribute to achieving growth strategies.
Four company structurein the real estate business
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SEIBU REAL ESTATE
Development
(holding, management, and development)
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- ・ This company will manage our real estate holdings and unlock the latent value of real estate through development.
- ・ This company will control our balance sheet by incorporating properties held and developed into private placement funds, etc.
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SEIBU REAL ESTATE
ASSET MANAGEMENT
Asset management (AM)
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- ・ This company will maximize real estate value and secure stable investor profits through the use of pipelines and other means sponsored by the Group.
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SEIBU REAL ESTATE
PROPERTY MANAGEMENT
Management
(PM/CM, sales agency, and brokerage)
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- ・ This company will achieve efficient real estate management by handling PM and CM.
- ・ This company will seek to increase fee income from enterprises outside the Group and furthermore aim to gain more properties operated under management contract. This will involve entrusted property management with respect to properties acquired by the asset management company and M&As handled by the real estate management company.
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SEIBU REAL ESTATE
BUILDING MANAGEMENT
General building management (BM)
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- ・ This company will provide safe, secure, and comfortable environments through facility equipment management and security and cleaning services.
- ・ It will aim to serve as a competitive building management company that gains more orders involving properties from outside the Group in seeking to further amass expertise.