Real Estate—Getting Real with Real Estate in Japan
For those who have lived in Japan for a certain time, it is all too common to witness the uninterrupted flow of buildings getting tore down and rebuilt from the ground up. Take a walk in Ginza, Shinjuku, Kanda or Shinagawa; it is hard not to get caught up in the dizzy round of this noisy, crowded and amazing city. The urban planning itself is fascinating: well-functioning transit logistics, accessible amenities throughout the urban areas and wards with an identity of their own structured an idiosyncratic lifestyle in Tokyo. However, this convenience comes at a price. And it is not cheap.
Mitsubishi Estate—Leading Japan’s City Life
The Marunouchi district of Tokyo is more than just a financial hub. It has a symbolic value as one of the first areas that was developed at the beginning of the Meiji period and stands for modernization, a process that was spearheaded by Mitsubishi’s early projects in what is now the epicenter of Japan’s economy.
JAPAN and the WORLD interviewed Mr. Ryosuke Usui, an associate of the Corporate Communications Department, to discuss the history of the Marunouchi district and to find out about Mitsubishi’s contributions and future plans for Tokyo’s financial hub. The discussion also touched on Japanese infrastructure and why Mitsubishi estate is sought all over the world for their expertise in architecture, lifestyle development and urban planning.
Heiwa Real Estate—Making Tokyo a Global Financial Center
Tokyo’s Nihonbashi Kabutocho district, home to the Tokyo Stock Exchange, is one of Japan’s three major financial districts and one of the largest in the world. In the past, traders thronged the trading floor and gave the district a buzz, but with its closing in 1999 when operations were computerized, Kabutocho lost much of its energy. Heiwa Real Estate Co., Ltd., owner of stock exchange buildings in Tokyo, Osaka and Nagoya, which celebrated its 70th anniversary in July 2017, is now involved in redeveloping Kabutocho through its Nihonbashi Kabutocho 7-Chome Development Project.
JAPAN and the WORLD interviewed Heiwa Real Estate executive director Mr. Tomoharu Nakao to learn more about his feelings for the district and the company’s future plans for Kabutocho.